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GOODYEAR 8415 Old Statesville Rd
5,668 SF Retail Building Charlotte, NC 28269 $1,200,000 ($212/SF) 6.28% Cap Rate
Investment Highlights
- Top 15 National Market - Charlotte, NC is the 15th largest city in the country, creating long term growth, stability, and population influx.
- High Visibility - The subject property is highly visible, on a corner that sees over 56,000 VPD
- High Visibility on Busy Street – The subject property is highly visible form W.T. Harris Blvd (Hwy 24) seeing over ±37,000 vehicles per day.
- Low Rent Per SF - Current tenant is paying less than half of market rent according to CoStar
- Corporate Lease - Goodyear Tire & Rubber Co is the lease entity, a publicly traded company boasting a $3.8 billion market cap (2023)
- Recent Extension – The tenant recently extended the lease with annual rent bumps, showing long-term commitment to this location.
Executive Summary
Kyle Matthews
License No. C38369 (NC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
-
- Retailer
- -
- -
- -
Goodyear is dedicated to producing, innovating, and servicing the best tires in the world. Their mission began well over a century ago in Akron Ohio, and after more than a century, Goodyear has evolved to become one of the world’s largest tire companies. A global leader in creating the future of mobility, Goodyear is constantly developing new and innovative products designed to harness the power of forward movement.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
|
|
Retailer | - | - | - |
PROPERTY TAXES
| Parcel Number | 037-253-15 | Improvements Assessment | $489,800 |
| Land Assessment | $580,500 | Total Assessment | $1,070,300 |
PROPERTY TAXES
-
Conrad Sarreal -
Matthews Real Estate Investment Services
Presented by
GOODYEAR | 8415 Old Statesville Rd
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