Goodyear Auto Service

Investment Overview

Investment Highlights

• Double Net (NN) Lease: Landlord is responsible only for roof and structure
• Freestanding Building: 9,624 SF situated on a 0.75-acre parcel
• Long-Term Tenant Commitment: Goodyear has operated at this location since 1969, demonstrating over 55 years of continuous occupancy
• Recent Lease Extension: Tenant recently extended the lease for an additional 10 years
• Strong Placer AI Data: This location ranks in the 100th percentile in the state
• Corporate Guarantee: Lease is backed by The Goodyear Tire & Rubber Company (NASDAQ: GT), providing added security for investors
• Strong Store Sales: Tenant reports healthy sales performance at this location
• Average household income within a 1-mile radius exceeds $63,000 and Population of over 170,000 residents within a 5-mile radius
• Strong Traffic Counts: Located on N Clinton Street with traffic counts exceeding 29,500 vehicles per day. Subject site near Coliseum Boulevard, which sees over 48,600 vehicles per day
• Neighboring tenants include Dick’s Sporting Goods, McDonald’s, CVS, Target, Chipotle, Panera, JCPenney, Five Below, HomeGoods, Ross, Petco, Starbucks, Dollar Tree, Dairy Queen, and more
• Directly across from Glenbrook Square Mall, a 1.2 million SF regional shopping center anchored by numerous national brands