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FIRESTONE 733 Hebron Rd

6,262 SF Retail Building Heath, OH 43056 $4,865,349 ($777/SF) 5.20% Cap Rate

Retail Space Ohio Heath 733 Hebron Rd, Heath, OH 43056

Investment Highlights

  • 2024 Built-to-Suit High Quality Construction for Firestone
  • 5% rental increases every five years including option periods
  • Firestone boasts the highest credit rating in the Auto Service Sector with an investment grade credit rating of A (S&P)
  • The lease features a corporate guarantee from Bridgestone who is the world’s largest manufacturer of tire and rubber products.
  • Brand new 15 year corporately guaranteed lease with five, 5 year options
  • Firestone was founded in 1900 and now has ±2,200 locations nationwide

Executive Summary

Broker of Record
Kyle Matthews
License No. REC.2022007141 (OH)
866 889 0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Attachments

Firestone- Heath, OH

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $252,998 $40.40

Financial Summary (Actual - 2023)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $252,998
Annual Per SF $40.40

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,262 SF
Building Class
B
Year Built
2024
Price
$4,865,349
Price Per SF
$777
Cap Rate
5.20%
NOI
$252,998
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.00 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
18 Spaces

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Firestone Complete Auto Care
  • Retailer
  • 6,262 SF
  • -
  • Triple Net
  • Feb 2040
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Firestone Complete Auto Care Retailer 6,262 SF - Triple Net Feb 2040

Links

1 of 1
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Five Guys
Frisch's Big Boy
Hot Head Burritos
Park National Bank
IHOP
Buffalo Wild Wings
Rent-A-Center
PNC Bank
Huntington National Bank
Giant Eagle

PROPERTY TAXES

Parcel Number 030-088458-00.002 Improvements Assessment $0
Land Assessment $250,810 Total Assessment $250,810

PROPERTY TAXES

Parcel Number
030-088458-00.002
Land Assessment
$250,810
Improvements Assessment
$0
Total Assessment
$250,810
(323) 432-0030

Contact

  • Listing ID: 32018747

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: 733 Hebron Rd, Heath, OH 43056

More public record information on 733 Hebron Rd, Heath, OH 43056

The Retail Property at 733 Hebron Rd, Heath, OH 43056 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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FIRESTONE | 733 Hebron Rd
(323) 432-0030 x

FIRESTONE | 733 Hebron Rd

Chris Naylon

(323) 432-0030

(323) 432-0030

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