Listed by Marcus & Millichap - San Diego
$4,655,000
Firestone
Details
Property Type Retail
Sub Type Storefront, Auto Shop
Square Footage 6,769
Net Rentable (SqFt) 6,769
Units 1
Cap Rate 5.05%
NOI $235,076
Occupancy 100%
Tenancy Single
Brand/Tenant Firestone, Bridgestone Retail Operations
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Year Built 2026
Acreage 0.910
Investment Type Net Lease
Tenant Credit Credit Rated
Ground Lease No
15-Year Absolute NNN | Adjacent to Walmart | Rapidly Growing Area
Marketing description
Sambazis Retail Group of Marcus & Millichap is pleased to present this brand-new Firestone Complete Auto Care single-tenant retail investment in Tyler, Texas. The new construction automotive property is secured by a 15-year absolute NNN net lease with 5% rent increases every five years. Bridgestone Retail Operations, LLC operates 2,200+ locations with $4.6 billion in revenue, making this an ideal passive investment and 1031 exchange opportunity.
Investment highlights
- 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
- Investment Grade Credit Tenant (Rated “A” by S&P)
- Bridgestone Retail Operations, LLC Operates 2,200+ Locations with $4.6 Billion in Revenue
- World’s Largest Manufacturer of Tire and Rubber Products
- Brand New High-Quality Construction, No Landlord Responsibilities
- Serving Over 100,000 Residents in Rapidly Growing Trade Area
- Tyler MSA is One of the Fastest-Growing Metro Areas in Texas
- Average Household Income Exceeds $96,000 in 3 Miles and $93,000 in 5 Miles
- Excellent Access and Visibility Along Major Commercial Corridor with 29,600 Cars/Day
- Adjacent to High-Performing Walmart Supercenter, Estimated Sales of $92 Million (Placer.ai)
- 2 Miles to the University of Texas at Tyler (11,600+ Students and 2,900+ Employees) and New $308 Million UT- Tyler School of Medicine
- Close Proximity to Tyler Junior College (12,700+ Students) and Several K-12 Schools with 14,000+
- Students
- ½ Mile to 1.6 Million SF Trane Technologies Manufacturing Facility (2,600 Employees), Recently Completed $76 Million Expansion
- Minutes to UT Health’s Flagship Tyler Hospital and Christus Hospital Campuses with 9,500+ Employees Combined, Serving 1+ Million Residents in Surrounding Communities
- Southeast of $500+ Million Bellwood Park Master-Planned Community Development on 543 Acres with 3,000 New Homes/Units, Commercial, Office, Hotels, and Entertainment Space
- Strong Daytime Population, More Than 66,000 Employees in Primary Trade Area
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$235,076.00
$19,589.67/mo
Valuation Metrics
0
DSCR
5.05%
Cap Rate
5.05%
ROI
Map
Zoning
C-2 CommercialGeneral CommercialGeneral Commercial District
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View all 312 uses Last updated May 7, 2026 For deeper zoning details, reports are available at Zoneomics
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