June 26, 2025 – Kyle Danielson, Michael Talbert and Jarett Zackman of Horvath & Tremblay have successfully completed the sale of a Mavis in Largo, Florida. Horvath & Tremblay represented the seller and sourced the buyer to complete the transaction at a sale price of $2,065,000.
Mavis Tires & Brakes is located at 1190 Missouri Avenue N in Largo, Florida. Mavis Tires & Brakes was constructed in 2016 and contains 7,725 square feet on a 0.87-acre corner parcel. Mavis Tires & Brakes has 11+ years remaining on their Absolute NNN Ground Lease with four (4), 5-year renewal options. The lease calls for 10% rent increases every 5-years throughout the primary lease term and at the start of each renewal option. The Property is positioned at the signalized intersection of Rosery Road NE and Missouri Avenue N (US 17 ALT), one of the area’s primary commercial corridors. The Property enjoys outstanding visibility and frontage and is shadow anchored by Walmart Supercenter, and across the street from an ALDI. The Property is convenient to several major roadways including SR 60, SR 686, SR 688, and US Route 19. The Property is surrounded by national retailers, restaurants, and area schools that drive significant traffic to the area as well as densely developed residential neighborhoods, providing a strong customer base.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.