To schedule a showing of 1429 10th Street, Palmetto, Florida, Call David Shippey at 863-521-4517 TODAY!
$1,600,000 | N/A beds | N/A full baths | N/A half baths | 8,400 sqft
Palmetto, FL 34221
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- 8,400SqFt
- 1987Year Built
- 0.78Acres
- MLS# A4694210
- Commercial
- Business
- Active
- Approx Time on Market4 days
- Area34221 - Palmetto/rubonia
- CountyManatee
- Subdivision Acreage
Overview
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 nations 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 propertys 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 Floridas fastest-growing markets. An excellent opportunity for investors seeking stable income backed by a well-established automotive retail location.Annual NOI: Approx. $95,166Lease Type: Triple Net (NNN)Tenant: Tire Kingdom / Mavis Tire Express Services Corp.Lease Term: Approx. 4 Years Remaining + Two 5-Year OptionsAnnual 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.
Agriculture / Farm
Association Fees / Info
Community Features: StreetLights
Bathroom Info
Building Info
Building Area Source: Appraiser
Business Info
Buyer Compensation
Exterior Features
Financial
Net Operating Income: 95,166
Original Price: $1,600,000
Garage / Parking
Green / Env Info
Interior Features
Lot Info
Direction Remarks: Off US301 & I75 Head East on 301 property on right hand side.
Lot Size Units: Acres
Lot Size Acres: 0.78
Lot Sqft: 33,968
Road Frontage Type: CityStreet
Est Lotsize: 169x201
Lot Desc: CityLot, Landscaped, NearPublicTransit
Other
Special Conditions: None
Security Features: SecuredGarageParking
Other Rooms Info
Property Info
Section: 13
Class Type: Business
Property Sub Type: Business
Construction Materials: Block
Accessibility: AccessibleCommonArea, AccessibleEntrance
Foundation: Slab
Human Modified: Yes
Sqft Info
Sqft: 8,400
Bulding Area Sqft: 8,400
Living Area Units: SquareFeet
Tax Info
Tax Year: 2,025
Tax Lot: 1
Tax Legal Description: COM AT THE NE COR OF THE SE1/4 OF SEC 13, TH S 53.02 FT TO THE NE COR OF LOT 1, OF SD SUNKIST ACRES SUB, SD PT BEING ON THE S R/W LN OF U S 301; TH W ALG SD R/W, 190.0 FT FOR A POB; TH S 201.82 FT ALG THE W R/W LN OF 15TH AVE DR; TH S 89 DEG 30 MIN W , 169.0 FT, TH N 201.65 FT TO A PT ON SD R/W OF U S 301; TH ELY ALG SD R/W 169.05 FT TO THE POB P-60 PI#26084.0000/4
Tax Annual Amount: 21809.07
Unit Info
Utilities / Hvac
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir
Cooling: Yes
Utilities: MunicipalUtilities, WaterConnected
Waterfront / Water
Directions
Off US301 & I75 Head East on 301 property on right hand side.This listing courtesy of Vue Realty, Llc
The information being provided by © 2026 My Florida Regional MLS DBA Stellar MLS is for the consumer's
personal, non-commercial use and may not be used for any purpose other than to
identify prospective properties consumer may be interested in purchasing. Any information relating
to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX)
program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
MLS IDX data last updated on 06-04-2026 1:54 PM EST.
If you have any questions on 1429 10th Street, Palmetto, Florida, please call David Shippey at 863-521-4517.
MLS# A4694210 located at 1429 10th Street, Palmetto, Florida is brought to you by David Shippey REALTOR®
1429 10th Street, Palmetto, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 1429 10th Street, Palmetto, Florida is A4694210.
The price for 1429 10th Street, Palmetto, Florida is $1,600,000.
The status of 1429 10th Street, Palmetto, Florida is Active.
The subdivision of 1429 10th Street, Palmetto, Florida is Acreage.
The home located at 1429 10th Street, Palmetto, Florida was built in 2026.