Haines City Retail for Sale - Polk County
Marcus & Millichap is pleased to exclusively present the opportunity to acquire a Mavis Tires & Brakes located in Haines City, Florida. The property consists of a ±5,600-square-foot freestanding automotive service facility situated on US Highway 27, one of Central Florida’s primary commercial corridors with approximately 59,000 vehicles per day.
The property is leased to GIMEX Properties Corp., Inc. and operates under the Mavis Tires & Brakes platform, one of the nation’s largest automotive service providers with more than 3,500 locations across 38 states. The tenant recently executed an early 15-year lease extension, extending the lease through March 2045 and demonstrating a significant long-term commitment to this location.
The lease offers approximately 18.7 years of remaining term, plus three additional five-year renewal options extending potential occupancy through 2060. The lease is structured as Modified NNN, with the tenant responsible for CAM, real estate taxes, and insurance, while the landlord is responsible for the roof and exterior walls. The lease also features scheduled contractual increases, including approximately 5% increases throughout the renewal options.
Strategically positioned between Tampa and Orlando along the rapidly expanding I-4 corridor, the property benefits from strong population growth, continued residential development, and increasing demand for necessity-based automotive services. The Lakeland–Haines City MSA continues to experience robust economic expansion, making the area an attractive long-term investment market.
This offering presents investors with the opportunity to acquire a long-term automotive net lease investment operated under an established national platform, featuring approximately 18.7 years of remaining lease term, contractual rent growth, and a proven operating location in one of Central Florida’s fastest-growing retail corridors.
Early 15-Year Lease Extension Executed
Tenant executed an early 15-year lease extension through March 2045, demonstrating a long-term commitment to the location.
Approximately 18.7 Years Remaining | Options Through 2060
Approximately 18.7 years of remaining lease term with three additional five-year renewal options extending potential occupancy through 2060.
National Automotive Service Platform | 3,500+ Locations
Operated under the Mavis Tires & Brakes platform, one of the nation’s largest automotive service providers with more than 3,500 locations across 38 states.
Modified NNN Lease Structure
Tenant is responsible for CAM, real estate taxes, and insurance, with landlord responsibility limited to the roof and exterior walls.
Scheduled Contractual Rent Increases
Contractual increases during the extended term, followed by approximately 5% increases throughout the renewal options.
Purpose-Built Automotive Facility | Seven Service Bays
Purpose-built ±5,600-square-foot automotive service facility designed for long-term operational functionality.
Established Operating Location | 17+ Years
Successfully operating at this location for more than 17 years, demonstrating a proven operating history and site stability.
