Firestone Complete Auto Care - Net Lease Property for Sale
Knoxville, TN
Key Investment Metrics
Price
$3,160,000
Cap Rate
5.0%
Net Operating Income
$158,000
Building Size
6222 SF
Lot Size
6,222 SF
Land Area
1 Acres
Remaining Term
15 years
Lease Type
Absolute NNN
Year Built
N/A
Occupancy
100%
Tenancy
Single
About This Firestone Complete Auto Care Net Lease Property
This Firestone Complete Auto Care NNN (triple net lease) property is located in Knoxville, TN and represents an excellent investment opportunity for commercial real estate investors. The property features 6222 square feet of building space.
With a cap rate of 5.0%, this Firestone Complete Auto Care net lease property offers stable income potential. The asking price is $3,160,000, making it an attractive option for 1031 exchange investors seeking quality Firestone Complete Auto Care commercial properties.
Why Invest in Firestone Complete Auto Care NNN Properties?
- Stable Income: Firestone Complete Auto Care net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Firestone Complete Auto Care is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Knoxville, TN Market Overview
Located in Knoxville, TN, this Firestone Complete Auto Care property benefits from strong local demographics and market fundamentals. The Knoxville area offers excellent visibility and accessibility, making it an ideal location for Firestone Complete Auto Care operations and a solid investment for net lease property buyers.