Goodyear Tire & Service 408 N Main St Mauldin SC
Retail | 5.87% CAP | 5,124 SqFt
Marketing description
Goodyear Tire & Service at 408 North Main Street, Mauldin, South Carolina offers investors the chance to acquire a long-term, single-tenant net lease asset occupied by one of the most recognized names in the automotive industry. Positioned on a major Main Street retail corridor, this ±5,124 SF building sits on ±27,312 SF of fee simple land in a dense commercial area surrounded by national retailers and strong local traffic drivers.
The property has been occupied by Goodyear since 1985, underscoring the location’s durability and operating success. The tenant recently exercised an early renewal, extending the corporate lease through February 28, 2031, with two additional five-year renewal options remaining. Structured as an absolute net lease, the investment offers passive ownership with no landlord expense responsibilities.
With a nationally recognized, publicly traded tenant, a strategic Upstate South Carolina location, and attractive in-place income, this offering presents an appealing opportunity for investors seeking stable cash flow, long-term tenancy, and a manageable price point in a growing market.
Investment highlights
- ±5,124 SF buidling on ±27,312 SF of fee simple land
- Occupied by national tenant, Goodyear Tires with lease expiring in February 2031 years
- Goodyear is publicly traded on NASDAQ: GT
- Situated on major corridor, Main Street
- Excellent going-in Cap Rate and low price point
- Long standing tenant who has occupied the building since 1985.
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