Firestone | New 10 Year Extension
60 Year Operating History | OKC MSA
Marketing description
LOCATION HIGHLIGHTS
• Positioned at the Intersection of Walnut Avenue and N 9th Street, Firestone has been a Staple in Downtown Duncan’s
Robust Economy Since 1966
• Strategically Situated in Downtown Duncan Nearby Municipal Buildings such as the Fire Department and County Clerk Office, Local Churches, Medical Offices, Banks, the Palace Theater and the United States Postal Service
• Easily Accessible from Highway 81, the Main Thorofare through Duncan with Traffic Counts of 30,000 VPD
• Family Dollar has Operated a Major Distribution Center in Duncan for over 25 Years that Fuels the Local Economy with over 500 Jobs.
• Halliburton Company, the World’s Second Largest Oil Service Company was founded in Duncan. Seven Different Complexes Remain in Duncan, including an Employee Recreational Park
• Cameron University’s Duncan Campus is Located Less than 2.5 Miles from Subject
• Ranked as #53 Top Public School, Cameron University is Home to Nearly 4,000 Students
• Eastland Industrial Park a Collaborative Effort Between Oklahoma Department of Commerce and the Duncan Economic
Development Foundation will Create Over 200 Jobs and Encourage Further Economic Growth
Investment highlights
PROPERTY HIGHLIGHTS
• 60 Year Operating History Illustrating Location’s Performance and Resilience
• Firestone Signed an Early 10 Year Extension Further Demonstrating Commitment to Location
• Corporate Lease Signed by Parent Company, Bridgestone Retail Operations, LLC
• Investment Grade Tenant Rated “A” from S&P Global Ratings and “A2” from Moody’s
• NNN Lease with Minimal Landlord Responsibilities of Only Roof & Structure
• Roof Replaced in Fall of 2025 with a 10 Year Warranty
• Attractive 5% Rental Increases Every 5 Years, Including Options
• 14,100 SF Structure with Six Service Bays, Aligning with Firestone’s New Store Standards
• May Qualify for Bonus Depreciation. Please Consult Agents for Complimentary Cost Segregation Estimate
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