2820 MARKET ST Garland TX 75041-2426

Marcus & Millichap is pleased to present the opportunity to acquire Goodyear Com-mercial Tire located at 2820 Market Street in Garland, Texas. The subject property consists of approximately 13,981 total square feet and is situated on 2.37 acres of land in the Northeast Dallas/Garland submarket, which has a low 4.4 percent vacan-cy rate. With close proximity to Interstate 635 and downtown Garland, the property has convenient drive-in docks and ample outside storage space, making it easy to accommodate one of the largest industrial submarkets in Texas. The subject tenant is exercising a triple-net lease with two years remaining on the primary term and 2.5 percent annual rental increases. Garland prides itself on the 16,000 jobs on behalf of the Garland Economic Development Partnership and healthy economic climate. Major employers in Garland include: GISD, Kraft Foods, US Food Service, Atlas Cop-co, SilverLine Window, and Hatco (Resistol).

For over 100 years, Goodyear has been changing the way customers move. The Goodyear Tire & Rubber Company started in 1898 with just 13 workers producing bicycle and carriage tires. Goodyear quickly grew to become the world’s largest tire company, a title it earned in 1916 when it adopted the slogan “More people ride on Goodyear tires than on any other kind.” Goodyear Fleet HQ has a dealer network of 2,300+ locations across North America to offer fleet customers greater peace of mind when drivers are on the road. Today, Goodyear has facilities across the world and annual sales of more than $15 billion. In addition to Goodyear-brand tires, they produce other well-respected international brand names, including Dunlop, Kelly, Fulda, Sava and Debica, and their non-tire business provides rubber products and polymers for a variety of markets.

The Dallas/Fort Worth metroplex is the fourth-most populous metro in the nation with an aggregate of more than 7.1 million residents. It is composed of 13 coun-ties stretching nearly 10,000 square miles. The city of Dallas houses 1.3 million peo-ple, followed by Fort Worth with 800,000 residents. Strong job growth continually draws new residents to the region. To accommodate the additional traffic, the re-gion’s transportation network is evolving. Traffic flow is improved as freeways are expanded, and miles are being added to tollways and turnpikes. The growth of the transportation network is vital to supporting commuters to the metros numerous corporations and growing industries. Dallas/Fort Worth’s population growth in re-cent years ranks among the highest in the U.S. for a major metro. The Metroplex is home to 21 Fortune 500 companies and many regional headquarters, drawing workers and residents. The area’s extensive network of rail and highways along with the International Inland Port of Dallas ensure its status as a distribution hub.

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