Firestone Complete Auto Care

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Price:

CAP Rate:

NOI:

Year Built / Renovated:

Rentable SF:

Lot Size:

$3,697,000

5.25%

194,046

2020

6,116

1.00 acres

Zero Landlord Responsibilities: This attractive Absolute NNN lease structure leaves the Landlord with no maintenance, insurance, or property tax obligations, offering a truly passive investment.

Corporate Tenant with Massive Global Footprint: The tenant, Bridgestone Retail Operations (BSRO), is the retail subsidiary of Bridgestone Corporation, a Japanese multinational tire and diversified products manufacturer that boasted 2025 tire sales of approximately $19.3 billion and total global revenues of
approximately $28.8 billion.

Dominant U.S. Presence: Bridgestone Retail Operations (BSRO), Bridgestone Corporation’s retail subsidiary, is the largest network of company-owned automotive service providers in the world, with over 2,200 retail service locations across 48 states.

Strong Lease Terms: ±10 years remaining on the initial lease term with an additional 25 years in option periods, along with the scheduled 5% rent increases every five years, ensure long-term reliable income and cash flow stability.

High Traffic Corridor: Located along Hwy 176 (±19,800 VPD), a highly trafficked regional commuter corridor that runs parallel, and serves as a heavily trafficked alternative, to I-26, connecting Spartanburg, Union, and the capital city of Columbia.

Excellent Demographics: With a 5-mile population density of ±59,564 people and a respective average household income of $111,374, this property is ideally situated for excellent customer exposure through its proximity to a large and affluent customer base.

Rapidly Developing Market: Summerville, SC has gained recognition as one of the fastest growing suburbs in the Charleston metro area, attracting growing numbers of residents year over year due to its proximity to the many North Charleston manufacturing plants, such as Boeing, Bosch, and Volvo, as well as its close proximity to Downtown Charleston.

For more information:

Robert Schmidt, CCIM
Director & Shareholder
(864) 678-5995
Peter Couchell, CCIM
Managing Director & Shareholder
(864) 678-5923
Lawrence Myers
Associate
864-313-2817

Property Summary

Property Type:

Retail

Lot Size:

1.00 Acres

Year Built:

2020

Buildings:

1

Stories:

1

Investment Summary

CAP Rate:

5.25%

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Confidentiality Agreement Form


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Confidentiality Agreement
This Confidentiality Agreement will confirm the mutual understandings of the Undersigned and Owner of Record in connection with NAI Earle Furman, LLC, dba Furman Capital Advisors, LLC and its client (hereinafter referred to as "Protected Parties") providing proprietary information on the requested property (hereinafter called the “Property”) to the Undersigned:

“Information” means all data, reports, records, materials, lease expirations, lease rates or other lease information obtained from Furman Capital Advisors, LLC which is not in the public domain. Information is not meant to include information which: a) at the time of the disclosure is in the public domain; b) after disclosure becomes part of the public domain through no act or omission by the undersigned; c) as shown by written records was prior to disclosure in the possession of the undersigned; d) is rightfully received by the undersigned from third parties who were entitled to receive such information; or e) is obligated to be disclosed pursuant to applicable law, regulation or legal process.

The information is being furnished solely in connection with the consideration of a potential transaction involving the undersigned and shall be treated as “secret” and “confidential” and no portion of it shall be disclosed to others, except to those employees, agents, clients, and customers of the undersigned whose knowledge of the Information is required for use to evaluate that certain real estate as a potential acquisition and who shall assume the same obligations as the undersigned under this Agreement.

It is understood that the Protected Parties are the beneficiaries whose rights are being protected and may enforce the terms of this Confidentiality Agreement as if they were a party to the Agreement.

All information furnished shall be promptly returned or destroyed should there be no interest in that certain real estate acquisition, or otherwise disposed of as directed by the Protected Parties.

It is understood that the Protected Parties makes no representations or warranty as to the completeness or accuracy as to any information.

It is understood that by furnishing this information that the Protected Parties are not agreeing to enter into a transaction regarding the property.

By electronically signing, you represent and warrant to the other parties that (a) You have read, understand and consent to the agreement (“Agreement), (b) all information that you provide is complete and accurate, and (c) you own or have all rights and authority necessary to enter into and perform under the Agreement.

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