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$1,450,000
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Property Description
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.
Full Property Details
Full Property Details for 1429 10th St E
General
- Sold For: $1,450,000
- Taxes: $21,809 (2025)
- Status: Closed
- Type: Business
- Source: MidFloridaRegionalMLS
- MLS ID: A4694210
- Added to Site: 135 day(s) ago
Rental Information
- Complex Features: Bathrooms, Common Lighting, High Bays
Location
- Area: 34221 - Palmetto/Rubonia
- County: Manatee
- Development Name: 34221 - Palmetto/Rubonia
- Subdivision: ACREAGE
- Driving Directions: Off US301 & I75 Head East on 301 property on right hand side.
- Direction Faces: North
Community
- Community Name: 34221 - Palmetto/Rubonia
- Management Type: Professional On Site
- Mgmt. Company: Professional On Site
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Square Feet: 8,400
- Living Area: 8,400 Sq. Ft.
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.78
- Lot Size (Sq. Ft.): 33,968
- Lot Size: 33968
- Lot Dimensions: 169 x 201
- Frontage: Street Lights, Street Paved, City Street
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $21,809.07
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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
- Flood Zone Info: X500
- APN: 2608400004
- Property ID: 2608400004
Listed by Vue Realty, Llc
Sold by Stellar Non-Member Office
Get Pre-Approved Today
Schools
Schools serving 1429 10th St E
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
James Tillman Elementary Magnet School 1415 29th Street East, Palmetto, FL 34221 | PK-5 | 1.3 mi |
Palm View Elementary School 6025 Bayshore Road, Palmetto, FL 34221 | PK-5 | 3.3 mi |
Palmetto High School 1200 17th Street West, Palmetto, FL 34221 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1429 10th St E
Date
Details
Price
Change
Source
10/07/2026
Sold
$1,450,000
-9.38%
MLS
5/30/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1429 10th Street E, Palmetto, FL 34221 (MLS# A4694210) is a Business property that was sold at $1,450,000 on October 07, 2026. Want to learn more about 1429 10th Street E? Do you have questions about finding other Business real estate for sale in Palmetto? You can browse all Palmetto real estate or contact a Coldwell Banker agent to request more information.

