|
 |
|
| Firestone Auto Care |
9530 Broadway Street, Pearland, TX (Suburb of Houston)
Purchase Price: $2,647,529
• 15 year primary lease
• Four (4) x 5 year option periods
• NN (Double Net Lease)
• 6.25% rent increases every 5 years
Land Area: ± 0.91 Acres, Building Area: ± 7,653 SF |
|
|
Willis Ventures has just closed escrow on another single tenant net leased retail property, Bridgestone / Firestone in Pearland (Houston), Texas. The property sold for $2,647,529. The Primary lease period is 15 years NN with four 5-year options.
Bridgestone Americas Holding, Inc., through its subsidiaries, is an international manufacturer with 55 production facilities throughout the Americas. The Nashville Tennessee-based company is the largest subsidiary of Bridgestone Corporation, based in Tokyo, Japan.
The subject property is located in Pearland, Texas. Pearland is a southern suburb of Houston and is located 23 miles from downtown. Some of the other national tenants within the immediate area of the subject property include: Blockbuster, Discount Tire, CVS, Wachovia, Bank of America, Lowe’s, Sonic, IHOP, Randall’s, and Chili’s.
|
|
