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CORPORATE GUARANTEE

Firestone Complete Auto Care Absolute Net Lease

I’ve researched full property records on all of the 150+ Firestone Complete Autocare properties in Florida. This is one of the best stores in the state. Here's why we love it: 1. Investment Grade Corporate Guarantee (S&P "A" Rating) 2. Very Strong Traffic Counts Exceeding 58,000 VPD
3. Average Household Income Exceeds $123,000 in 1-Mile Radius

5.00%

Cap Rate

$5.6M

Asking Price

5 Years

Lease Term

Firestone Logo

Excellent Real Estate and Top Performing Location

Investment Grade Guarantee

  • Bridgestone (BRDCY) Operates the Latest Network of Company-Owned Automotive Service Centers in the World — 2,200 Units Across the United States
  • S&P “A” Credit Rating
  • No Landlord Responsibilities – True Passive Income
  • Florida is an Income Tax Free State

Strong Traffic & Demographics

  • Traffic Counts Exceeding 58,000 VPD
  • 1-Block from Sawgrass Expressway — 89,000 VPD
  • Dedicated Turn Lane & Multiple Points of Ingress/Egress via Shopping Center
  • Affluent Area: Average Household Income Exceeds $123,000 in a One Mile Radius
  • $795 Million of Annual Consumer Spending on Transportation & Maintenance in a 5-Mile Radius

Download the Offering Memorandum.

Executive summary, pricing and financial analysis, demographics, and research.

Michael Salafia

Office: (786) 522-7134 michael.salafia@marcusmillichap.com 5201 Blue Lagoon Drive, Suite 100, Miami, FL License: FL: SL-3462183