Ocala, FL - Mavis

Description:

• Brand new 15-year lease with 5 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 8% rental increases every 5 years throughout the initial term and 8% increases at the beginning of each option period
• Mavis Tires has 1,400 locations across 26 states

• Located near the hard signalized corner of SW 99th Street & State Hwy 200, which averages 42,000 vehicles passing by daily
• State Hwy 200 provides direct access to Interstate 75 (74,600 VPD)
• The asset benefits from excellent visibility via significant street frontage and a large pylon sign
• Within 1.5 miles of Mavis is a Lowe’s Home Improvement, Walmart Market, a Publix anchored center and a Bravo Supermarkets anchored center
• Less than two miles of the subject property major tenants include; Big Lots, CVS, Chase Bank, Jersey Mike’s, Walgreens, Starbucks, ALDI, Jiffy Lube, McDonald’s, and many other national credit tenants
• State Hwy 200 (42,000 VPD) is occupied by traffic generating national tenants