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
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.
