Firestone Complete Auto Care — Sale in Mesa (Phoenix), AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Mesa (Phoenix), AZ 85213

Photos

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Firestone Complete Auto Care — Sale in Mesa (Phoenix), AZ, photo 4 of 4

Investment Figures

Cap rate
5.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Firestone is best known for its range of tires used in passenger vehicles, trucks, and commercial vehicles. The company offers a wide variety of tires, from performance and all-season tires to heavy-duty and agricultural tires. Besides tires, Firestone also provides a variety of automotive services, such as car repairs, maintenance, and alignment, through a network of retail locations called Firestone Complete Auto Care. Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot. Investment Highlights: • Five Years Remaining on Absolute Triple-Net (NNN) Lease • 6.25% Rental Increases Every Five Years with Multiple Renewal Options • Corporate Guaranty by Bridgestone - S&P A-Rated Company with ±2,200 Locations • Adjacent to Walmart Neighborhood Market and Surrounded by Other National Retailers: Black Rock Coffee Bar, Walgreens, Bank of America, and More • 258,544 Residents within a Five-Mile Radius - Growing Trade Area in the Phoenix MSA • Average Household Income Exceeds $153,000 in the Immediate Area • Highly Visible Location Along East McKellips Road (±63,000 Cars per Day at Lindsay Road & McKellips Intersection) • Close Proximity to Mountain View High School (±3,420 Students), One of the Largest High Schools in the Phoenix MSA

Market Context

This retail in Mesa (Phoenix), AZ is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Mesa (Phoenix), AZ — view the full market.

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