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Auto Parts

Bridgestone Ground Lease

21443 S Ellsworth Rd, Queen Creek, AZ 85142

Listing Price: $1,725,000

Cap Rate
4.46%
Tenant Name
Bridgestone
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
6,458
Lease Type
NNN Ground Lease
Rent Per Square Feet
$11.92

Investment Overview

Bridgestone Tire Co., Ltd. was established in 1931 by Shojiro Ishibashi, who anticipated the future potential of tires for passenger cars and the international development of the business. He used an English translation of his surname for the name of the company.
Queen Creek is a boom town, with exceptional climate, natural recreational riches and a relaxed, rural lifestyle. Population has nearly doubled since 2010. According to the most recent census, Queen Creek is the number one fastest growing city in the state of Arizona.

Investment Highlights

  • Absolute Triple-Net (NNN) Ground Lease with Approximately 15 Years Remaining on Lease Term
  • Corporate Guaranty with Bridgestone Retail Operations, LLC
  • 10 Minutes to Arizona State University's Polytechnic Campus (4,380+ Students)
  • Visible to Over 80,000 Cars Per Day via Ellsworth Rd
  • 10% Rental Increases Every 5 Years
  • 514,206 Residents within a 10-Mile Radius

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Auto Parts

Bridgestone Ground Lease

Listing Price: $1,725,000

Cap Rate
4.46%
Tenant Name
Bridgestone
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
6,458
Lease Type
NNN Ground Lease
Rent Per Square Feet
$11.92

Investment Highlights

  • Absolute Triple-Net (NNN) Ground Lease with Approximately 15 Years Remaining on Lease Term
  • Corporate Guaranty with Bridgestone Retail Operations, LLC
  • 10 Minutes to Arizona State University's Polytechnic Campus (4,380+ Students)
  • Visible to Over 80,000 Cars Per Day via Ellsworth Rd
  • 10% Rental Increases Every 5 Years
  • 514,206 Residents within a 10-Mile Radius

Investment Overview

Bridgestone Tire Co., Ltd. was established in 1931 by Shojiro Ishibashi, who anticipated the future potential of tires for passenger cars and the international development of the business. He used an English translation of his surname for the name of the company. Queen Creek is a boom town, with exceptional climate, natural recreational riches and a relaxed, rural lifestyle. Population has nearly doubled since 2010. According to the most recent census, Queen Creek is the number one fastest growing city in the state of Arizona.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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