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Firestone 3175 W Chandler Blvd 10,032 SF Retail Building Chandler, AZ 85226 $2,870,000 ($286.08/SF) 5.75% Cap Rate
Investment Highlights
- Corporate lease
- Below market rents ($16.40 PSF)
- Located in immediate proximity to Chandler Fashion Center, a premier super-regional mall featuring over 180 retailers
- Priced below replacement cost
- Attractive 10% rent increases every 5 years
Executive Summary
Founded in 1900, Firestone has grown into one of the most established names in the automotive service and tire industry. Today, Firestone Complete Auto Care operates approximately 1,800+ locations nationwide and is part of Bridgestone Retail Operations, the largest network of company-owned automotive service providers in the world. Bridgestone Corporation, the parent company, is one of the largest tire manufacturers globally, generating over $30 billion in annual revenue and maintaining strong investment-grade credit metrics.
The subject property is located at 3175 W Chandler Boulevard in Chandler, Arizona, within one of the premier retail corridors in the Southeast Valley. The site benefits from immediate proximity to Chandler Fashion Center, a dominant super-regional mall featuring over 180 retailers and serving as a major retail and entertainment destination. The surrounding trade area is densely populated, with more than 257,000 residents within a five-mile radius and strong household incomes supporting long-term retail demand.
Positioned on approximately ±1.31 acres, the property consists of a ±10,060-square-foot automotive service facility originally constructed in 2001. The investment features approximately 3.5 years of remaining primary lease term with two five-year renewal options and attractive 10% rent increases every five years, providing continued income growth potential.
This offering represents an opportunity to acquire a well-located Firestone Complete Auto Care investment with durable cash flow, below-market rental positioning, and long-term upside supported by a high-traffic retail corridor and one of the most established automotive service brands in the United States.
Property Facts
Amenities
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- -
- -
- -
Since 1926, drivers have trusted Firestone Complete Auto Care to keep their vehicles running newer longer. And as America’s auto care needs have grown and changed, so have they. They’re a leading provider of maintenance, repairs and tires for a reason: because they believe in offering a complete auto care experience that perfectly meets customer needs. Their auto care advisors and service technicians take pride in understanding customers vehicle from bumper to bumper. Plus, they’ll always answer customers' questions and explain their work to customers so they feel comfortable from the moment they walk in until they’re back on the road. They promise to provide the best customer service and offer the right solutions, so they can feel confident in knowing they’re customers' complete auto care solution.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 301-65-886 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $175,718 |
Property Taxes
Presented by
Firestone | 3175 W Chandler Blvd
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