5344 16th St N St Petersburg, FL 33703
Single-tenant Tire Kingdom property in St. Petersburg, Florida.
Type:Retail
Property size:
6,316 SF- Added:
- Mar 25, 2021
- Days on Market:
- 1853
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 5344 16th St N
General Information
- Standard status
- Active
- Size
- 6,316 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1962
Listing agent Albert Arkalji License #BK3472608
Listing office MPGA Family Office Brokerage LLC
Listing date Mar 25, 2021
Source Crexi
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
Overview
Tire Kingdom NNN Property
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
On Call Plumbers
Plumbing Service
Tire Kingdom
(Bike/Boat/Book/etc) Store
Similar Places Nearby
- St. Pete Solar Energy — 2021 1st ave n, st. petersburg, fl 33713
- Atlantic Auto Repair — 226 16th St N, St. Petersburg, FL 33705
- MAROC EXPRESS LLC — 2285 1st Ave N, St. Petersburg, FL 33713
- Big John's Brake & Alignment Service — 1210 1st Ave N, St. Petersburg, FL 33705
- Alexa's Towing's LLC. — 745 2nd Ave N, St. Petersburg, FL 33701
Location Insight
- Map
- Local Demand
- City
- St Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6553228
- Latitude
- 27.8207985
Nearby Similar for Sale
FAQs
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 $2,500,000.
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.
