Historical Retail Sale Listing - Bridgestone/Firestone

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Bridgestone/Firestone

271 Egret Bay Blvd. South, League City, TX 77573

N/A

8,142 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
8,142 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Commission Split:
1.5%
Cap Rate:
8%
Occupancy:
100%
Tenancy:
Single
Year Built:
2008
Lot Size:
1.57 AC
Listing ID
16120557
Last Updated
over 1 year ago

Highlights

  • New Construction
  • Rent Commencement: December 7, 2008
  • 15 Year Lease Term
  • 5, 5-Year Renewal Options
  • Rent Increases Every 5 Years
  • Over $80,000 Avg. HH Income in 1 Mile Radius

Description

BFS Retail & Commercial Operations, LLC (BFRC), a subsidiary of Bridgestone Americas Holding, Inc., is headquartered in Bloomingdale, Ill., and operates the largest number of company-owned automotive retail generalist stores in the world - more than 2,200 consumer and commercial vehicle service and tire locations across the United States and Canada - including Firestone Complete Auto Care, Tires Plus, ExpertTire, Wheel Works and GCR Tire Centers store locations. Credit First National Association and Firestone Complete Fleet Care operations are also part of BFRC. BFRC is a member of the Bridgestone Americas family of companies.

Bridgestone/Firestone Americas Holding, Inc, a subsidiary of Bridgestone Corporation, is an international manufacturer with 38 production facilities throughout the Americas. The Nashville, Tennessee-based company was formed in 1990 when Bridgestone U.S.A. merged with The Firestone Tire & Rubber Company.

Bridgestone Corporation currently has an S&P rating of BBB+ and Stable.

Strategically located in a strong retail development area, with nearby tenants consisting of Kroger, CVS Pharmacy, Advance Auto Parts, Capital One Bank, Washington Mutual Bank, Schlotzsky's, Sonic, Jack-in-the-Box and Mattress Firm.

On Highway 270, just across from a Kroger retail center, which is a heavily traveled highway with average daily traffics count exceeding 12,000 cars per day as of 2007.

Map of 271 Egret Bay Blvd. South, League City, TX 77573 (Galveston County)

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Created 2/25/2009