7021 NW 23rd St - Auto Repair FOR SALE


Bethany, OK 73008
$1,456,000 USD
214-252-1031
7021 NW 23rd St, Bethany, OK for Sale
$1,456,000 USD
Auto Repair - FOR SALE
1/6
null | 6.25% Cap Rate

7021 NW 23rd St
Bethany, OK 73008


HIGHLIGHTS

  • 40+ Year Operating History, Strong Commitment to Site
  • Absolute NNN Lease with Rental Increase in December 2024
  • Strong Corporate, “A” Rated Investment Grade Tenant

OVERVIEW

40+ Year Operating History, Strong Commitment to Site – Firestone has operated at this location since 1983 and has executed four extensions showing an unwavering commitment to the site Absolute NNN Lease with Rental Increase in December 2024 – Allows an investor the opportunity to acquire a NNN asset on a truly passive income structure Strong Corporate, “A” Rated Investment Grade Tenant – Bridgestone/Firestone has an investment grade credit rating of “A” by S&P and A2 by Moody’s - Founded in 1900 Firestone is a wholly owned subsidiary of the Bridgestone Retail Operations, LLC, which has four retail brands and over 2,200 locations nationwide - In 2023, Bridgestone (NYSE: BRDCY) had revenue in excess of $31.2 billion and ranked #413 on the Fortune Global 2000 list

FOR SALE DETAILS

PRICE

$1,456,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Firestone

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

173887490

ASK ABOUT THIS PROPERTY

Jared AubreyCBREMore Info
214-252-1031

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Jared AubreyCBREMore Info
214-252-1031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.