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Mavis Discount Tire - Ocala FL 10038 84th Avenue Rd 6,979 SF Retail Building Ocala, FL 34481 $5,444,088 CAD ($780.07 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Lease | Scheduled Rental Increases | Established Tenant | Corporate Guaranty | Below Market Rent
- Excellent Visibility & Access | Signalized Hard Corner Intersection |Interstate 75 Access & Draw
- On Top of The World Communities | Direct Consumer Base
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong 5-Mile Demographics | Marion County
- Strong Anchor Tenants off State Hwy 200 | Strong Tenant Synergy
EXECUTIVE SUMMARY
• Brand new 15-year lease with 5 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 8% rental increases every 5 years throughout the initial term and 8% increases at the beginning of each option period
• Mavis Tires has 1,400 locations across 26 states
• The lease features 8% rental increases every 5 years throughout the initial term and 8% increases at the beginning of each option period
• Mavis Tires has 1,400 locations across 26 states
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,979 SF
Building Class
B
Year Built
2025
Price
$5,444,088 CAD
Price Per SF
$780.07 CAD
Cap Rate
5%
NOI
$272,204 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.04 AC
Zoning
B-2 - Business Commercial
Parking
29 Spaces (4.16 Spaces per 1,000 SF Leased)
Frontage
241’ on SW 84th Ave Rd
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $381,559 CAD | Total Assessment | $381,559 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$381,559 CAD
Improvements Assessment
$0 CAD
Total Assessment
$381,559 CAD
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Mavis Discount Tire - Ocala FL | 10038 84th Avenue Rd
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