$1,600,000
1429 10th Street E Palmetto, FL 34221
For Sale MLS# A4694210
8,400 sq ft Commercial
Details for 1429 10th Street E
MLS# A4694210
Description for 1429 10th Street E, Palmetto, FL, 34221
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.
Listing Information
Property Type: Commercial, Business
Status: Active
Lot Size: 0.78 Acres
Square Feet: 8,400 sq ft
Year Built: 1987
Construction: Block
Subdivision: Acreage
Foundation: Slab
County: Manatee
Interior Features
Accessibility: Accessible Common Area, Accessible Entrance
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Municipal Utilities,Water Connected
Cooling: Central Air
Exterior / Lot Features
Lot Dimensions: 169x201
Additional Exterior/Lot Features: Landscaped, Near Public Transit, City Lot
Community Features
Community Features: Street Lights
Security Features: Secured Garage/Parking
Driving Directions
Off US301 & I75 Head East on 301 property on right hand side.
Financial Considerations
Terms: Cash
Tax/Property ID: 2608400004
Tax Amount: 21809.07
Tax Year: 2025
A broker reciprocity listing courtesy: VUE REALTY, LLC
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1429 10th Street E
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1429 10th Street E
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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