Firestone Complete Auto Care (GL)

288 Queen Street, Southington, CT 06489

$1,460,870

Cap Rate 5.75%

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DOM: 12 Updated: 01.16.26 Posted: 01.16.26 Status: Active 01.16.26

Summary

Price $1,460,870	Built/Renov 1983	Tenant Firestone Complete Auto Care (GL)
Cap Rate 5.75%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 5,978	Lease Start 11-01-2025	#Units 1,700
Price/SF $244.37	Expiration 10-31-2035	Tenant Type Automotive
NOI $84,000	R. Term 9.9	Ownership Ground Lease
Rent/SF $14.05	Increases 10.0%/5/yrs	Pop 5Mi 105,942
Lot/AC 2.11	Options 3/5yrs/10%	AHHI 5Mi $119,550

Highlights

Firestone Complete Auto Care has a 40-year operating history with a recently extended long-term absolute NNN ground lease
The property is located on a high-visibility retail corridor within the Hartford metropolitan area, surrounded by major national retailers and high-traffic thoroughfares
The 5,978 SF facility sits on a 2.11-acre parcel
The five-mile trade area has a population of 105,942 with an average household income of $119,500
The lease is corporately guaranteed by Bridgestone Retail Operations, LLC

Location Description

Firestone Complete Auto Care is strategically located on Queen Street in Southington, Connecticut, in a 5,978-square-foot freestanding facility on a 2.11-acre parcel, offering ample parking and convenient access. The property is situated along a high-traffic retail corridor within the Hartford metropolitan area, surrounded by a strong mix of national retailers, including Walmart Supercenter,...

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Key Features

In location for years
Dense retail corridor
Near major nationals
Strong tenant synergy
Dense 100M+ pop 5 mi
Affluent AHHI $100K 5 Mi
Recently extended lease
Absolute NNN
Traded and rated company
Corporate Guarantee

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Links

Firestone Wikipedia Firestone Wikipedia Southington, Connecticut Zip code 06489 Broker Site Page

Maps

Local Information

1 Mile
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5 Miles

Tenant

Tenant: Firestone Complete Auto Care
Guarantor:Corp T and Rated
Company:Bridgestone Retail Operations, LLC
# Units:1,700
Tenant S&P: A
Moody’s: A2
Stock: OTCMKTS: BRDCY

About Tenant

The Firestone Tire & Rubber Company was founded in 1900 in Akron, Ohio by Harvey S. Firestone. The company started by marketing solid rubber tires for carriage wheels. Firestone began opening...

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Listing Broker

Bryn Feller

Northmarq

Contact

69 Listings
24831 Views
16 Sold

Josh Dicker

Northmarq

Contact

1 Listings
0 Views
0 Sold

Bryn Feller

BJ Feller is a Senior Vice President and Managing Director of Northmarq’s Chicago office, leading a team of professionals specializing in the disposition and acquisition of net lease retail, office and industrial properties nationally. Feller represents a broad range of institutional, private, and international clients, and has completed transactions in excess of $4.5 billion across 39 states, consistently providing strong results for clients. Before joining Northmarq, Feller served as Managing

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Josh Dicker

Josh Dicker is a Senior Associate in Northmarq's Chicago office, specializing in investment sales, particularly for net lease retail, office, and industrial properties, focusing on transactions like sale-leasebacks, and is a University of Michigan alumnus. He works with Northmarq's investment sales team, collaborating on significant deals, including industrial property sales for clients like Porter Road Butcher and the Morrell Group. Before joining Northmarq, Dicker served as a Senior Investmen

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