Tire Kingdom NNN
For Sale
Contact for pricing
5344 16th St N, St Petersburg, FL 33703
Single-tenant Tire Kingdom property in St. Petersburg, Florida.
Property Size6,316 SF
Price / SF$473.40
Days on Market1989
Property Features for 5344 16th St N
General Information
Standard status
Active
Size
6,316 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$78,015
Building Details
Year Built
1962
Tenancy
Single
Listing Agency:
MPGA Family Office Brokerage LLC
Listed By:
Albert Arkalji · License #BK3472608
(929) 228-9281
Source:
Crexi
Added: Mar 25, 2021
Changed: Aug 26
Last Checked: Aug 31 at 3:22AM
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 MPGA Family Office Brokerage LLC
Investment Insights
Based on property information with market context.
This is a single-tenant Tire Kingdom property for sale in St. Petersburg, Florida. The property is a free-standing building situated on a corner lot, offering visibility and access. Leased through November 2029 under an Absolute NNN structure, the lease has zero landlord responsibilities. The lease is guaranteed by Mavis Tire Express Services Corp., an automotive service platform founded in 1949 with over 3,500 locations across the United States and Canada. The property is located within a retail corridor. Area retail rents range from approximately $25 to $35 per square foot, compared to the current in-place rent of approximately $12.35 per square foot. The surrounding trade area includes national retailers and restaurants, such as McDonald’s, Chick-fil-A, Whole Foods Market, Walgreens, Burger King, and Dollar General. St. Petersburg is part of the Tampa Bay metropolitan area, which benefits from demographics, in-migration, and a business-friendly environment. The city reports a median household income of approximately $73,000.
Key Highlights
- Absolute NNN lease structure with zero landlord responsibilities, providing passive income.
- Lease guaranteed by Mavis Tire Express Services Corp., a leading automotive service platform with over 3,500 locations.
- Leased through November 2029, offering a secure income stream.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
16k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
8,057 visits/mo
0.0 miles
Texaco
Shops & Services
5,702 visits/mo
0.5 miles
Tire Kingdom
Shops & Services
1,968 visits/mo
0.1 miles
Demographics for 33703, FL
23,948
Population
12,331
Households
1.9
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
5.0 sq mi
ZIP Area
4,790
Density / Sq Mi
$96,795
Median Household Income
$56,760
Median Earnings
$1,569
Median Rent
$395,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Care On Wheels Inc — 1827 46th ave n, st. petersburg, fl 33714
- BILL TIRES LLC — 2550 54th Ave N, St. Petersburg, FL 33714
- Danh Tire — 2550 54th Ave N, St. Petersburg, FL 33714
- RaceTrac Auto — 2551 54th Ave N, St. Petersburg, FL 33714
- Pagan Towing Services & Transport — 2500 55th Ave N, St. Petersburg, FL 33714
Frequently Asked Questions
What type of property is this?
Auto shop - Single-tenant Tire Kingdom property in St. Petersburg, Florida.
Where is this auto shop located?
The property is located at 5344 16th St N St Petersburg, FL.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Absolute NNN lease structure with zero landlord responsibilities, providing passive income.; Lease guaranteed by Mavis Tire Express Services Corp., a leading automotive service platform with over 3,500 locations.; Leased through November 2029, offering a secure income stream.
