Firestone – Single Tenant NN Corporate Lease

2847 Candler Rd, Decatur, GA 30034
List Price $2,830,400
Cap Rate 6.00%

For More Information

Spencer O’Donnell
714-400-6267

Property Description

  • Corporate NN Lease – 4 Years Remaining – Fee Simple (Land & Building)

  • Firestone Tire & Rubber Company – Subsidiary of Bridgestone Corporation (OTCMKTS: BRDCY) – S&P: A, Nikkei 225 Component, $37+ Billion in Annual Revenue

  • Successful Operating History at this Location – Firestone has 1,700 Stores, 33,000 Employees Worldwide

  • Located at I-20 & Candler Rd in Decatur, GA – Major Traffic Corridor 10 Minutes to Downtown Atlanta, 20 Minutes to Hart field-Jackson International Airport (ATL)

  • Outparcel to The Gallery at South Dekalb Shopping Mall

    • Candler Rd (36,603 Cars Per Day)

  • Below Market Rent – Annual $1.00 PSF Rental Increases

    • One 5-yr Option Remaining with $2.00 PSF Increase

  • Phenomenal Demographics – Population of 1,877,445 People in 30-Min Drive $67,307 Median Household Income

  • Neighboring National Retailers – include McDonald’s, KFC, Dunkin’, Church’s Chicken, Dairy Queen, Wendy’s, Big Lots, Dollar Tree, Family Dollar, Chase Bank and others

  • Legacy Coupon Clipper Asset – Premier Pride of Ownership Minimal Management Expenses

Area Demographics

Radius
Population 2024
Median HH Income
Average HH Income
1 miles
10,257
$50,935
$53,331
3 miles
79,195
$67,716
$83,011
5 miles
216,696
$81,719
$103,975