2603 N Main St
Belton, TX 76513
Goodyear · Retail Property For Sale

Credit Tenant: The Goodyear Tire and Rubber Company (S&P: Ba3; NASDAQ: GT) is one of the world’s largest and most well-known tire companies. The company offers various lines of rubber tires for automobiles, trucks, buses, aircrafts, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned brands. It also retreads truck, aviation and off-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and products. In 2019, the company had revenues of $14.9B and has a market cap of $3.4B presently. It operates approximately 1,100 tire and auto-service center outlets, which offer products for retail sale and provide automotive repair and other services.Strategic Retail Location: The Subject Property is an outparcel to a 117,000 SF H-E-B Plus! location, and is also located directly across the street from a Walmart Supercenter. Various other retailers such as H-E-B Fuel Center, Little Caesars Pizza, Taco Bell, Dollar Tree, AT&T, The UPS Store, CVS, Walgreens and Grand Avenue Theater are also in the Subject Property’s immediate vicinity, driving a steady flow of consumers to the area. Excellent Access/Visibility: Primary access to the Subject Property is provided on North Main Street, which experiences traffic counts of ±17K VPD.The Subject Property is also located on a hard corner at the signalized intersection of North Main Street and Sparta Road, allowing excellent visibility from the roadway.Strong Demographics: The population within a five-mile radius of the Subject Property is 66,842, which is growth of 2.00% from 2010, and is expected to increase another 1.73% between now and 2023. Average household income within the same radius is $81,364 — well above the national average. Belton Market: Belton is a historic business-friendly city located in the heart of Texas and is included in the Killeen-Temple Metropolitan Statistical Area and the larger Central Texas Region. Military, government, healthcare services, manufacturing/distribution, agriculture, business IT consulting services and retail trade are the prominent industry sectors in the city. Killeen-Temple MSA: The Killeen-Temple Metropolitan Statistical Area ranks as the ninth largest MSA within the state of Texas with a total MSA population of ±472K (which is projected to grow another 1.39% by 2023). Low unemployment rates, low cost of living and its central location with easy access to the entire state make it a desirable place to live and do business. Killeen is also home to Fort Hood, one of the largest military installations in the free world with an economic impact of approximately $25B.