Retail Store with Absolute NNN
For Sale
Contact for pricing
16113 NW US Hwy 441, Alachua, FL 32615
6,500 SF Mavis Tires & Brakes store is under construction with a 20-year absolute NNN lease and scheduled opening in April 2023.
Property Size6,500 SF
Days on Market123
Property Features for 16113 NW US Hwy 441
General Information
Standard status
Active
Size
6,500 SF
Property subtype
Retail
Site & Location
Traffic Count
42,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
5.25%
Building Details
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 2:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a 6,500 SF Mavis Tires & Brakes retail store in Alachua, Florida. The property is currently under construction, with rent start and store opening on track for April 2023. The asset is secured by a 20-year absolute NNN lease structure that is designed to require zero landlord responsibilities.
Lease terms include 10% rental rate increases every five years, including at each of the five (5-year) options. The site is positioned for strong drive-by access and visibility, located off the I-75 South exit ramp and off Highway 441. Traffic counts cited in the remarks include 42,500 VPD on I-75 and 28,426 cars per day on Highway 441.
The surrounding retail mix includes an adjacent Mobil gas station, Dunkin Donuts, and Hampton Inn, with Burger King, Zaxby’s, and Circle K directly across the street.
Lease terms include 10% rental rate increases every five years, including at each of the five (5-year) options. The site is positioned for strong drive-by access and visibility, located off the I-75 South exit ramp and off Highway 441. Traffic counts cited in the remarks include 42,500 VPD on I-75 and 28,426 cars per day on Highway 441.
The surrounding retail mix includes an adjacent Mobil gas station, Dunkin Donuts, and Hampton Inn, with Burger King, Zaxby’s, and Circle K directly across the street.
Key Highlights
- 6,500 SF Mavis Tires & Brakes store under construction in Alachua, FL, with opening scheduled for April 2023
- 20‑year absolute NNN lease with zero landlord responsibilities
- Lease includes 10% rental rate increases every 5 years, including each of the five 5‑year options
Property Analytics
Property Profile
Current Use
Lease Details
42,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
208k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Groceries 24%
Shops & Services 22%
Hotels & Casinos 4%
Publix
Groceries
50,579 visits/mo
0.4 miles
McDonald's
Dining
43,266 visits/mo
0.3 miles
Raceway
Shops & Services
31,567 visits/mo
0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
19,920 visits/mo
0.1 miles
Sonny's BBQ
Dining
12,663 visits/mo
0.5 miles
Demographics for 32615, FL
16,524
Population
6,908
Households
2.4
Avg Household Size
44
Median Age
40%
College-Educated
95%
High-School Grad
137.8 sq mi
ZIP Area
120
Density / Sq Mi
$79,983
Median Household Income
$49,772
Median Earnings
$1,131
Median Rent
$289,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - 6,500 SF Mavis Tires & Brakes store is under construction with a 20-year absolute NNN lease and scheduled opening in April 2023.
Where is this nnn property located?
The property is located at 16113 NW US Hwy 441 Alachua, FL.
What are key features of this property?
This property features: 6,500 SF Mavis Tires & Brakes store under construction in Alachua, FL, with opening scheduled for April 2023; 20‑year absolute NNN lease with zero landlord responsibilities; Lease includes 10% rental rate increases every 5 years, including each of the five 5‑year options
