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Firestone 5008-5012 Troup Hwy 6,769 SF Retail Building Tyler, TX 75707 $4,655,000 ($687.69/SF) 5.05% Cap Rate
Investment Highlights
- 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
- Bridgestone Retail Operations, LLC Operates 2,200+ Locations with $4.6 Billion in Revenue
- Brand New High-Quality Construction, No Landlord Responsibilities
- Investment Grade Credit Tenant (Rated “A” by S&P)
- World’s Largest Manufacturer of Tire and Rubber Products
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
6,769 SF
Building Class
B
Year Built
2026
Price
$4,655,000
Price Per SF
$687.69
Cap Rate
5.05%
NOI
$235,076
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.92 AC
Amenities
- Storage Space
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $679,652 | |
| Land Assessment | $704,360 | Total Assessment | $1,384,012 |
Property Taxes
Parcel Numbers
Land Assessment
$704,360
Improvements Assessment
$679,652
Total Assessment
$1,384,012
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