Tuesday, January 6, 2015

NNN Tires Plus in Woodbury & Burnsville, MN


Investment Highlights:

Price: $1,825,000 - Cap Rate: 6.25%

- Triple Net Lease to Bridgestone RetailOperations, LLC.

-The Tenant operates 2,200 company owned tire stores nationwide. 

-Long Lease Term | Expiration July 22, 2026.

- 10% rent increase in 2021.

-The Property is in one of the top retail trade areas in the Twin Cities.



Investment Highlights:

Price: $2,210,000 - Cap Rate: 6.25%

- Triple Net Lease to Bridgestone RetailOperations, LLC.

- The Tenant operates 2,200 company owned tire stores nationwide. 

-Long Lease Term | Expiring December 11, 2025.

- 10% rent increase in 2020.

-Excellent retail location in the Burnsville Regional Mall Trade Area.



Additional Tags:
NNN Property, Tires, off market triple net, Michelin, off market STNL, Firestone, Single Tenant net leased, Auto, Tax deferred exchange properties, Cars, real estate investment properties, Bridgestone 

No comments:

Post a Comment