Auto Parts

Firestone | New 15-Year NNN

1358 Republic Dr, Colorado Springs, CO 80921

Listing Price: $4,350,000

Cap Rate
4.65%
Tenant Name
Firestone
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
6,166
Lease Type
Absolute Net
Rent Per Square Feet
$32.81

Investment Overview

Marcus & Millichap is pleased to present the Firestone in Colorado Springs, Colorado.

Investment Highlights

  • 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
  • Corporate Guaranty from Bridgestone Retail Operations, LLC
  • Firestone is a Fortune 500 Company, Rated 'A' by S&P
  • Brand New High-Quality Construction
  • Serving Over 112,000 Residents in Rapidly Growing Colorado Springs Suburb
  • Average Household Income Exceeds $153,000 within 3 Miles and $130,000 within 5 Miles

Exclusively Listed By

Broker of Record

  • Skyler Cooper

    Regional Manager

    License(s): CO: FA.100080019

    Colorado

Listing Price: $4,350,000

Cap Rate
4.65%
Tenant Name
Firestone
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
6,166
Lease Type
Absolute Net
Rent Per Square Feet
$32.81

Investment Highlights

  • 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
  • Corporate Guaranty from Bridgestone Retail Operations, LLC
  • Firestone is a Fortune 500 Company, Rated 'A' by S&P
  • Brand New High-Quality Construction
  • Serving Over 112,000 Residents in Rapidly Growing Colorado Springs Suburb
  • Average Household Income Exceeds $153,000 within 3 Miles and $130,000 within 5 Miles

Investment Overview

Marcus & Millichap is pleased to present the Firestone in Colorado Springs, Colorado.

Exclusively Listed By

Broker of Record

  • Skyler Cooper

    Regional Manager

    License(s): CO: FA.100080019

    Colorado

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