Investment Overview

Property Overview: Firestone Complete Auto Care, located at 2400 Patriot Run in Owensboro, KY, is an absolute net lease investment with 10 years remaining on the original 15-year lease, set to expire on November 30, 2035. The property is strategically positioned just off the major interchange of US Route 60 and KY Highway 54, offering excellent visibility and accessibility. It is surrounded by prominent national retailers, including Meijer Supermarket and Menards. Lease & Tenant Information: The lease is guaranteed by Bridgestone Retail Operations, LLC, a wholly owned subsidiary of Bridgestone Americas. Bridgestone Retail Operations holds strong credit ratings, with an “A” from S&P and an A1 from Moody’s. The lease includes 5% rent escalations every five years. Bridgestone Retail Operations (BSRO) is the world’s largest company-owned auto care and tire store network, operating over 2,200 locations across the United States. Headquartered in Nashville, TN, BSRO generates estimated annual revenue of $222.8 million. Firestone Complete Auto Care is its flagship brand, with more than 1,700 locations nationwide. Other brands under the BSRO umbrella include Tires Plus, Hibdon Tires Plus, and Wheel Works. Market Overview: Owensboro, KY Owensboro is a vibrant riverfront city located in Daviess County along the southern banks of the Ohio River. With a population of approximately 60,000, it ranks as Kentucky’s fourth-largest city. Known for its rich bluegrass music heritage, legendary barbecue, and welcoming small-town charm, Owensboro serves as a regional hub for commerce, healthcare, and culture. Often referred to as the “BBQ Capital of the World,” Owensboro is famous for its signature mutton barbecue and hosts the annual International BBQ Festival each May, attracting food lovers from across the country. The city is conveniently located about 123 miles north of Nashville, TN, and 109 miles south of Louisville, KY, with access via road, rail, river, and air.