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Kaveh Ebrahimi

Sands Investment Group

Office Phone: 310-774-3770

 

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Published on: Sunday, April 19, 2015 11:09:06 AM
Updated on: Friday, April 24, 2015 4:40:42 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Ohio-41057

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 0

 

Building Size: 6,976 SqFt

Lot Size: 26,876 SqFt.

No of Stories: 1

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: The Firestone Tire and Rubber Company is an American tire company founded by Harvey Firestone in 1900. In 1988, the company was sold to the Japanese Bridgestone Corporation.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 6.05

Commission Split (%): 0

Complete Details


Year Build: 0

Building Size: 6,976 SqFt.

No of Stories: 1

Total Lot Area: 26876.00 SqFt.

No of Parking: 0

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Metal

Occupancy: 100%

Full Description


The Firestone Tire and Rubber Company is an American tire company founded by Harvey Firestone in 1900. In 1988, the company was sold to the Japanese Bridgestone Corporation. Today, Bridgestone Retail Operations, LLC and its subsidiaries employ approximately 22,000 teammates in North America. Bridgestone Retail Operations, LLC consists of more than 2,200 company-owned consumer and commercial stores in the United States as well as the company's own credit card operations.

Additional Properties


Property Highlights
  • Single tenant NNN Lease (Landlord Responsible for Roof & Structure)
  • Central retail location
  • Lease Offers Corporate Guaranty
  • Minimal Management Responsibility
  • Landlord Put A New Roof On Building This Year (2014)
  • Favorable 10% Increases Every 5 Years
  • Over 70,000 people within a 3 mile radius.

Attached Documents


 Download | Offering Memorandum ( 1,753.79KB)

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