Listed by Graham & Company Huntsville
$1,100,000
Firestone Complete Auto Care
Details
Property Type Retail
Sub Type Auto Shop, Commercial
Square Footage 6,150
NOI $69,480
Lease Type NN
Remaining Term 6.5
Price per SqFt $11
Year Built 1973
Year Renovated 2023
Acreage 0.730
Zoning LI
Retail | 6,150 SqFt
Marketing description
Invest in prime retail real estate with this exceptional opportunity—a freestanding retail building hosting a renowned tire retailer, Firestone. Situated strategically, this property ensures high visibility and accessibility, fostering a lucrative investment environment. A discerning investor will capitalize on the inherent strength of a reputable tenant and a location primed for sustained growth.
Located in south East Huntsville on the corner of Weatherly Road and Beland Drive, just off of Highway 231.
Investment highlights
- Double Net Lease I Minimal Landlord Responsibilities
- Lease matures 8/31/30
- $5,790/month ($69,480 annually)
- One 5-year Renewal Option at $6,300/month ($75,600 annually)
- Historical | 25+ Years of Success
- Roof Completely Replaced in 2023
- HVAC Replaced in 2021
- Five Mile Population: 83,423
- Five Mile Average Household Income: $94,223
- Visibility From U.S. Route 231 With Traffic Counts In Excess Of 65,000 VPD+
- Nearby Retailers: The Home Depot, Lowe’s, Sam’s Club, Publix, Staples, Advance
- Auto Parts, And Many More.
- Corporate Guarantee – Bridgestone Corporation
Listing Contacts
Listed by Graham & Company Huntsville
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$69,480.00
$5,790.00/mo
Valuation Metrics
0
DSCR
6.32%
Cap Rate
6.32%
ROI
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