About the Property

The subject property is located in Humble, Texas. Humble is located within the Houston–Sugar Land–Baytown metropolitan area. Humble is approximately 20 miles northeast from downtown Houston. Some of the other national tenants in the immediate area of the subject property include: Wal-Mart, Staples, Petsmart, Wachovia Bank, Chick Fil-A, Radio Shack, Starbucks, Taco Bell, Pizza Hut, Subway, The Home Depot, Shell, Exxon,and Target.

Tenant

TBC Corporation is the nation’s largest vertically integrated marketer of tires for the automo­tive replacement market. The Company’s retail operations include Company-operated tire and automotive service centers under the “Tire Kingdom”, “Merchant’s Tire & Auto Cen­ters” and “National Tire & Battery” brands, and franchised stores under the “Big O Tires” brand. TBC markets on a wholesale basis to regional tire chains and distributors serving in­dependent tire dealers throughout the United States, Canada, and Mexico. Through its Carroll Tire wholesale distribution centers, the Company also markets directly to independent tire dealers in the eastern and southeastern United States. TBC’s five proprietary brand of private label tires, which include Multi-Mile, Cordovan, Sigma, Vanderbilt, and Big O, are produced by nationally recognized manufacturers and have a reputation for quality, safety, and value. These brands are distributed through TBC Private Brands to wholesalers also throughout the United States, Canada, and Mexico.

In 2005, TBC Corporation was purchased by Sumitomo Corporation of America (SCOA) ending its 22 year stint as a publicly traded company. SCOA is the largest subsidiary of Sumitomo Corporation (SC), one of Japan’s major integrated trading and investment business enterprise.

Detail Information

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