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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 Under Contract
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
6,769 SF
Building Class
B
Year Built
2024
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
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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