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$1,600,000
4 Days On Site

1429 10TH STREET E
PALMETTO, FL 34221

For Sale|Business|Active
0
Beds
0
Total Baths
8,400
SqFt
$190
/SqFt
1987
Built
Subdivision:
ACREAGE
County:
Manatee
Call Now: ‭(866) 791-9790‬
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1429 10TH STREET E1429 10TH STREET E
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VUE Realty is pleased to present the opportunity to acquire a net-leased Tire Kingdom property in the growing Tampa Bay/Sarasota corridor. The property is occupied by Tire Kingdom, operated by Mavis Tire Express Services Corp., one of the nation’s largest independent tire and automotive service providers with over 2,000 locations nationwide. Strategically positioned along a major commercial corridor in Palmetto, Florida, this established automotive service center benefits from excellent visibility, strong traffic counts, and a proven operating history serving the surrounding residential and commercial market. The property is offered with a Triple Net (NNN) lease structure, providing investors with passive income and limited landlord responsibilities. Current annual NOI is approximately $95,166 with approximately four years remaining on the existing lease term plus two (2) five-year renewal options. Palmetto continues to experience significant growth driven by its proximity to Sarasota, St. Petersburg, Tampa, Lakewood Ranch, and major employment centers. Continued residential and commercial development supports long-term demand and strengthens the property’s investment fundamentals. Investment highlights include a nationally recognized tenant, predictable cash flow, strong visibility, essential-service retail use, long-term occupancy history, future lease extension options, and location within one of Florida’s fastest-growing markets. An excellent opportunity for investors seeking stable income backed by a well-established automotive retail location. Annual NOI: Approx. $95,166 Lease Type: Triple Net (NNN) Tenant: Tire Kingdom / Mavis Tire Express Services Corp. Lease Term: Approx. 4 Years Remaining + Two 5-Year Options Annual NOI approximately $95,166. Approximately four years remaining on current lease term plus two (2) five-year renewal options. National tenant with established operating history. Excellent visibility, strong traffic counts, and strategic location within the Tampa Bay/Sarasota growth corridor.

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Listing Snapshot
Price 
$1,600,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.78 Acres
Year Built 
1987
MLS® Number 
A4694210
Status 
Active
Property Tax 
$21,809.07
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
4 days agoStatus changed to Active
5 days agoListing first seen on site
General Features
Acres 
0.78
Building Features 
BathroomsCommon LightingHigh Bays
Direction Faces 
North
Foundation 
Slab
Property Sub Type 
Business
Security 
Secured Garage/Parking
Sewer 
Public Sewer
SqFt Total 
8400
Utilities 
Water Connected
Water Source 
Public
Zoning 
C1A
Interior Features
Cooling 
Central Air
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Exterior Features
Construction Details 
Block
Lot Features 
LandscapedNear Public TransitPaved
Road Frontage 
City Street
Community Features
Accessibility Features 
Accessible EntranceAccessible Common Area
Financing Terms Available 
Cash
MLS Area 
34221 - Palmetto/Rubonia
Roads 
Asphalt
Township 
34S
Listing courtesy of VUE REALTY, LLC (941) 527-7244



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-06-03 01:10 PM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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