Auto Parts

New Firestone | Pad to Walmart | 15-Year NNN

5435 45th St E, Bradenton, FL 34203

Listing Price: $3,920,000

Cap Rate
4.65%
Tenant Name
Firestone
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
6,400
Lease Type
Absolute Net
Rent Per Square Feet
$28.48

Investment Overview

Marcus & Millichap is pleased to present the Firestone in Bradenton, FL.

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 2021 High-Quality Construction
  • Serving Over 163,000 Residents in Rapidly Growing Trade Area, One of the Fastest Growing Suburbs in the U.S.
  • Surrounded by Approximately 3,000 New/Planned Residential Units
  • Just West of Lakewood Ranch, a 31,000-Acre Master-Planned Development with Over 16,000 Homes

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    License(s): FL: BK3154667

    Florida

Auto Parts

New Firestone | Pad to Walmart | 15-Year NNN

Listing Price: $3,920,000

Cap Rate
4.65%
Tenant Name
Firestone
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
6,400
Lease Type
Absolute Net
Rent Per Square Feet
$28.48

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 2021 High-Quality Construction
  • Serving Over 163,000 Residents in Rapidly Growing Trade Area, One of the Fastest Growing Suburbs in the U.S.
  • Surrounded by Approximately 3,000 New/Planned Residential Units
  • Just West of Lakewood Ranch, a 31,000-Acre Master-Planned Development with Over 16,000 Homes

Investment Overview

Marcus & Millichap is pleased to present the Firestone in Bradenton, FL.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    License(s): FL: BK3154667

    Florida

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