Historical Retail Sale Listing - Bridgestone / Firestone

Retail For Sale

This Retail property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Retail For Sale, Crowley, TX or Texas

Bridgestone / Firestone

1020 South Crowley Rd., Crowley, TX 76036

N/A

7,610 SF | Retail

  • Print

Retail Property - Off Market

Price:
N/A
Building Size:
7,610 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
7.10%
Occupancy:
100%
Tenancy:
Single
Listing ID
15801626
Last Updated
over 1 year ago

Description

The subject property is an opportunity for an investor to acquire a 7,610 square foot newly completed build-to-suit for Firestone. The lease has a 15 year primary term with 6.25% rent bumps every five years and four 5-year renewal options. Landlord responsibilities include roof and structure.

The Firestone store is at Crowley' s primary intersection. This site is approximately 10 miles south of downtown Ft. Worth, 40 miles west of the City of Dallas, and 25 miles southwest of the Dallas/Ft. Worth International Airport. The projected population for 2011 is estimated to be 57,937 within a three mile radius which entails a 30.35% growth over the next five years. The 2005 median household income is $60,319 for a three mile radius. Core residential is predominantly located east of the site with future residential growth planned at all four directions.

Current major retail traffic generators for the trade area include Kroger and Albertson' s which both share the same intersection as Bridgestone. Additional daily needs users such as CVS, Walgreen' s and branch banks occupy the alternate corners. There is existing core residential within near proximity of location to support retail development. Future residential growth will continue and was the primary reason the location was selected.

Map of 1020 South Crowley Rd., Crowley, TX 76036 (Tarrant County)

Research for 1020 South Crowley Rd., Crowley, TX 76036 (Tarrant County)

  • Demographics – Population, income & other demographics near 1020 South Crowley Rd.
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building