Auto Parts
Firestone (Rated “A” by S&P) | 15-Yr. Absolute NNN Corporate Lease
8414 State Rte 50, Groveland (Orlando MSA), FL 34736
Listing Price: $4,727,000
Cap Rate
5.10%
Tenant Name
Firestone
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
6,660
Lease Type
Absolute Net
Rent Per Square Feet
$36.20
Investment Overview
Marcus & Millichap is pleased to present the Firestone in Groveland, FL.
Firestone (Rated “A” by S&P) | 15-Yr. Absolute NNN Corporate Lease
Investment Highlights
- 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
- Investment Grade Credit Tenant with "A" Rating 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 On 1.5+ Acres
- Serving Over 105,000 Residents in Rapidly Growing Suburb to Orlando
- Surrounded by Several New Housing Developments with 8,500+ Homes
- Lake County is Ranked Among the Top 3 Fastest Growing Counties in Florida
Exclusively Listed By
Broker of Record
Auto Parts
Firestone (Rated “A” by S&P) | 15-Yr. Absolute NNN Corporate Lease
Listing Price: $4,727,000
Cap Rate
5.10%
Tenant Name
Firestone
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
6,660
Lease Type
Absolute Net
Rent Per Square Feet
$36.20
Investment Highlights
- 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
- Investment Grade Credit Tenant with "A" Rating 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 On 1.5+ Acres
- Serving Over 105,000 Residents in Rapidly Growing Suburb to Orlando
- Surrounded by Several New Housing Developments with 8,500+ Homes
- Lake County is Ranked Among the Top 3 Fastest Growing Counties in Florida
Investment Overview
Marcus & Millichap is pleased to present the Firestone in Groveland, FL.
Exclusively Listed By
Broker of Record
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