Sold Subscription Required
| Price $1,950,000 $2,190,000 | Built/Renov 1997 | Tenant Tire Discounters |
| Cap Rate 7.03% 6.26% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
6,604
| Lease Start
05-01-2024
| #Units
189
|
| Price/SF $295.28 $331.62 | Expiration
04-30-2039
| Tenant Type Automotive |
| NOI $136,998 | R. Term 14.0 | Ownership Fee Simple |
| Rent/SF
$20.74
| Increases 7.5%/5/yrs | Pop 5Mi 61,603 |
| Lot/AC 1.02 | Options 4/5yrs/7.5% | AHHI 5Mi $143,186 |
| | |
Tire Discounters is strategically located on Joel Cowan Parkway, with access to 26,320 vehicles passing by daily. The property is strategically positioned as an outparcel to a highly visible Kroger and Target anchored shopping center situated in Kedron Village. Notably, this center ranks impressively, standing in the 91st percentile nationwide at #617 out of 7,389, in the 96th percentile in...
...In location for years
Shopping Ctr out-parcel
Strong tenant synergy
Top 100 MSA
Affluent AHHI $100K 5 Mi
Long 15+ yr lease
Store sales reported
Absolute NNN
Limited competition
Corporate Guarantee
Tire Discounters is a chain of tire and auto service shops. They are the largest family-owned and operated tire and service provider in the U.S.. The private company was founded in 1976 with a...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,624 | 33,213 | 63,941 |
| 2023 Total Population : | 4,545 | 32,380 | 62,847 |
| 2023 Employed Civilian Pop : | 2,400 | 16,144 | 31,501 |
| 2023 Total Businesses : | 243 | 1,476 | 2,600 |
| 2023 Average Household Income : | $ 163,377 | $ 149,480 | $ 147,753 |
| 2023 Total Consumer Spending : | $ 238 M | $ 1550 M | $ 2864 M |
| 2023 Median Age : | 44 | 43 | 43 |
| 2023 Total Households : | 1,756 | 12,332 | 22,963 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,135 | 8,549 | 15,401 |
| 2023 Average Home Value : | $ 543,476 | $ 441,705 | $ 417,375 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Joel Cowan Pkwy | Crabapple Ln | 2013 | 29,400 | 0.35 mi |
| Regents Park | Larkins Landing Ln | 2019 | 1,020 | 0.37 mi |
| Regents Park | Larkins Landing Ln | 2018 | 1,000 | 0.37 mi |
| Regents Park | Regents Sq | 2013 | 900 | 0.43 mi |
| Farmington Dr | Crabapple Ln | 2011 | 788 | 0.45 mi |
| Joel Cowan Parkway | Dogwood Trl | 2019 | 31,700 | 0.56 mi |
| Crabapple Ln | Leisure Trl | 2003 | 1,520 | 0.71 mi |
| Joel Cowan Parkway | Ardenlee | 2019 | 30,000 | 0.73 mi |
| Joel Cowan Parkway | Ardenlee | 2018 | 30,200 | 0.73 mi |
| Loring Lane | Laddington Ln | 2018 | 870 | 0.78 mi |
Jasper, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.11 yrs
Size/SF 5,396
Broken Bow, OK
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 3,025
Mount Ephraim, NJ
Cap Rate 6.40%
Lease NN+
R. Term 15.30 yrs
Size/SF 7,128
Mount Vernon, IL
Cap Rate 6.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,627
Covington, LA
Cap Rate 6.15%
Lease Abs NNN
R. Term 11.20 yrs
Size/SF 4,732
Murphy, NC
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 2,065
Bullhead City, AZ
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.30 yrs
Size/SF 1,438
Charleston, WV
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,300
Allentown, PA
Cap Rate 6.57%
Lease Abs NNN
R. Term 16.60 yrs
Size/SF 9,745
Coal City, IL
Cap Rate 5.80%
Lease Double NN
R. Term 12.80 yrs
Size/SF 7,225
Hildago, TX
Cap Rate 5.70%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 1,418
Woodstock, GA
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 1,725
Jasper, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 9.20 yrs
Size/SF 5,396
Hammond, LA
Cap Rate 6.15%
Lease Abs NNN
R. Term 11.20 yrs
Size/SF 4,732
Cincinnati, OH
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 5,906
Duluth, GA
Cap Rate 6.19%
Lease Double NN
R. Term 13.00 yrs
Size/SF 9,603
Madison, AL
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 1,663
Louisville, KY
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 1,609
Des Plaines, IL
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,700
Tucson, AZ
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,490
Stockbridge, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.50 yrs
Size/SF 3,754
Waterford Township, MI
Cap Rate 5.45%
Lease Double NN
R. Term 14.20 yrs
Size/SF 7,225
Marion, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,760
Odessa, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 9.60 yrs
Size/SF 11,223
Wilmington, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 1,174
Rochester, MN
Cap Rate 7.06%
Lease Double NN
R. Term 0.60 yrs
Size/SF 8,036
Champaign, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,372
Acworth, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,148
Calexico, CA
Cap Rate 5.60%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 3,600
Derby, KS
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 1,770
Monrovia, CA
Cap Rate 5.51%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 824
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
