Tire Kingdom 19850 NW 27th Ave 7,942 SF Retail Building Miami Gardens, FL 33056 $4,506,236 CAD ($567.39 CAD/SF) 6.75% Cap Rate

Marcus & Millichap is pleased to present for sale this Absolute NNN Tire Kingdom located at 19850 NW 27th Avenue in Miami Gardens, Florida, just 15 miles from downtown Miami and 18 miles from downtown Fort Lauderdale. Built in 2007, the property features a 7,890-square-foot freestanding auto service facility situated on a 0.79-acre parcel.
Strategically positioned along NW 27th Avenue, a major north-south thoroughfare, the property benefits from excellent visibility, strong traffic counts, and convenient access to Interstate 95 and the Florida Turnpike. It is ideally located across from Hard Rock Stadium—home to the Miami Dolphins, University of Miami Hurricanes, and international events such as the Formula 1 Grand Prix, major concerts, international soccer matches, tennis tournaments, and more. The property also sits directly across from a 200,000+ square-foot Walmart Supercenter and is surrounded by a robust retail, entertainment, and service corridor that drives consistent traffic to the site. Nearby national retailers include Dunkin’, Denny’s, Pollo Tropical, Speedway, Sonic, 24 Hour Fitness, Murphy USA, Aldi, Wendy’s, Ross Dress for Less, AutoZone, and many others.
Miami Gardens, part of the greater Miami-Fort Lauderdale-West Palm Beach MSA—the seventh-largest metro area in the U.S.—continues to experience significant economic growth driven by tourism, healthcare, international trade, and technology sectors. The area also benefits from a dense residential population and numerous regional destinations.
Tire Kingdom has operated at this location since 2008, demonstrating a longterm commitment to the site. The lease has approximately three years remaining on the original 20-year base term, with four additional five-year renewal options that include rental increases in each option period.
Tire Kingdom is a subsidiary of TBC Corporation, one of the largest marketers of automotive replacement tires in North America. Headquartered in Juno Beach, Florida, TBC Corporation operates over 730 company-owned locations under the Tire Kingdom, National Tire & Battery (NTB), and Merchant’s Tire and Auto Centers brands, offering a full range of services including oil changes, tire service, battery replacement, wiper blade installation, and inspections. The lease is backed by a corporate guarantee from TBC Corporation, providing investors with the security of a strong national operator.