FO R SA L E

MAVISDISCOUNTTIRE

5120 DAVE ROBBINS WAY

Lakeland, FL 33812

P R E S E N T E D BY:

J A M E S PA R S O N SO: 850.294.0013jparsons@svn.com

J A M E S P A R S O N S

O: 850.294.0013jparsons@svn.com

M A V I S T I R E - L A K E L A N D , F L 5120 Dave Robbins Way Lakeland, FL 33812 S V N | S O U T H L A N D C O M M E R C I A L 2

T E N A N T OV E RV I E WMavis Discount Tire is one of the largest independent multi-brand tire dealers in the United States and offers a menu ofadditional services including brakes, alignment, suspension, shocks, struts, oil changes, battery replacement, and exhaustwork. Mavis has undergone rapid expansion in the past few years with the acquisitions of Somerset Tire, Sun Tire andKauffman Tire followed by a merger with Express Oil and Tire Engineers.

H I G H L I G H T S• Florida Has No State Income Tax

• MAVIS DISCOUNT TIRE MERGED WITH EXPRESS OIL IN 2018 TO CREATE A COMPANY WITH 830 LOCATIONS IN 24STATES

• 5% rent bumps every 5 years

• 2 (5-year) options to renew with 5% escalations each

• High traffic counts (45,000+) VPD on Highway 98

O F F E R I N G S U M M A RY

S A L E P R I C E : $ 2 , 4 0 0 , 0 0 0

B U I L D I N G S I Z E : 6 , 9 6 0 S F

L O T S I Z E : 1 . 1 9 A c r e s

L E A S E T Y P E N N

C A P R AT E : 6 . 5 9 %

L E A S E E X P I R AT I O N : 1 / 2 0 2 8

A N N U A L R E N T : $ 1 5 8 , 2 3 7

Y E A R B U I LT : 2 0 1 3

L L O B L I G AT I O N S : r o o f , s t r u c t u r e

J A M E S P A R S O N S

O: 850.294.0013jparsons@svn.com

M A V I S T I R E - L A K E L A N D , F L 5120 Dave Robbins Way Lakeland, FL 33812 S V N | S O U T H L A N D C O M M E R C I A L 3

J A M E S P A R S O N S

O: 850.294.0013jparsons@svn.com

M A V I S T I R E - L A K E L A N D , F L 5120 Dave Robbins Way Lakeland, FL 33812 S V N | S O U T H L A N D C O M M E R C I A L 4

LOCATION DESCRIPT ION

Lakeland is a Florida city, east of Tampa. Downtown’s MunnPark Historic District is known for its antiques shops andearly-1900s architecture. Florida Southern College hasseveral buildings designed by Frank Lloyd Wright. The city’smany lakes include Lake Mirror, with its promenade andneoclassical Hollis Garden. The Polk Museum of Art’scollection ranges from pre-Columbian artifacts tocontemporary paintings.

Lakeland's largest employer is Publix Supermarkets. Publixis one of the largest regional grocery chains in the U.S. withover 1,000 stores across the American South. Publixemploys over 6,500 people in the Lakeland area includingheadquarter and warehouse employees.

Lakeland is also a transportation hub. FedEx Freight andFedEx Services and the Saddle Creek Corporation employover 600 people in the area. Other larger employers in thearea include Amazon, Geico, Rooms To Go, and LakelandRegional Health.

LO C AT I O N D E TA I L S

C O U N T Y P o l k

5120 Dave Robbins Way

J A M E S P A R S O N S

O: 850.294.0013jparsons@svn.com

M A V I S T I R E - L A K E L A N D , F L 5120 Dave Robbins Way Lakeland, FL 33812 S V N | S O U T H L A N D C O M M E R C I A L 5

P O P U L AT I O N 3 M I L E S 5 M I L E S 1 0 M I L E S

T O TA L P O P U L AT I O N 2 4 , 3 6 3 6 8 , 4 1 3 2 6 3 , 1 7 2

AV E R A G E A G E 3 8 . 4 3 8 . 8 3 8 . 1

AV E R A G E A G E ( M A L E ) 3 7 . 1 3 7 . 9 3 6 . 6

AV E R A G E A G E ( F E M A L E ) 3 9 . 7 3 9 . 6 3 9 . 6

H O U S E H O L D S & I N CO M E 3 M I L E S 5 M I L E S 1 0 M I L E S

T O TA L H O U S E H O L D S 8 , 7 9 2 2 5 , 1 6 3 9 9 , 7 9 5

# O F P E R S O N S P E R H H 2 . 8 2 . 7 2 . 6

AV E R A G E H H I N C O M E $ 7 5 , 2 6 3 $ 7 6 , 5 3 6 $ 5 9 , 6 6 0

AV E R A G E H O U S E VA L U E $ 1 8 6 , 9 7 3 $ 2 1 4 , 9 9 0 $ 1 7 9 , 4 7 1

* Demographic data derived from 2010 US Census