1429 10th Street, FL1429 10th Street, FL1429 10th Street, FL
Stellar MLS
1 / 3

$1,600,000

1429 10th Street

Palmetto, FL 34221

Listing updated: June 2, 2026 at 10:47 AM ET

Active
Stellar MLSListing courtesy of Vue Realty, Llc · Terri Harrington · MLS #A4694210 · Active · 941-269-8400
0
Baths
8,400
Sq Ft
0.78
Acres
1987
Built
$190/sqft
Business

Property type

1987

Year built

33,968 sqft

Lot size

$190

Price / sq ft

No HOA

HOA dues

3

Days on market

X500

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$8,090
Property taxes$1,817
Home insurance (est.)$733

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history3 days on market

  1. Status: Active
    May 31, 2026
  2. Listed$1,600,000
    May 30, 2026
  3. Price increased$1,600,000

Facts & features

Property type
Commercial Sale
Sub type
Business
Status
Active
Days on market
3
Subdivision
Acreage
County
Manatee
Year built
1987
Living area
8,400 sq ft
Price/sq ft
$190
Lot size
33,968 sq ft
Lot category
1/2 to less than 1
Flood zone
X500 (12081C0168F)
Annual taxes
$21,809 (2025)
Parcel #
2608400004
Zoning
C1A
MLS #
A4694210

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Interior Details

Direction faces
North

Heating & Cooling

Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Commercial Financing
Ownership
Fee Simple

Exterior & Construction

Construction materials
Block
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Public, Water Connected

Listing Details

Listing date
2026-05-30
On market date
2026-05-30
Original list price
$1,600,000
Occupant type
Tenant
MLS area
34221 - Palmetto/Rubonia
Listing AOR
Sarasota - Manatee
Status changed
2026-05-31
Tax 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 risk

Moderate riskFEMA Zone X500Panel 12081C0168F

Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Off US301 & I75 Head East on 301 property on right hand side.

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Based on information submitted to the MLS GRID as of June 2, 2026 at 10:47 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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