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Goodyear Double Net Property Automotive NN Lease Florida

Goodyear | Cape Coral, FL
Make an Offer
Investment Offering

Tenant: Goodyear | Cape Coral, FL
Premises: 5,371 SF
Renewal Options: 1 x 5 Year

Lease Expiration: 5/31/2023
Lease Type: NN
Rental Increases: Fixed


Sands Investment Group is Pleased to Present Exclusively For Sale the Goodyear Double Net Property Investment Located at 2144 Del Prado Blvd S in Cape Coral, Florida.

  • Tenant Has Over 23 Years of Operating History at This Location, Showing Commitment to the Site
  • Double Net (NN) Leased Property – Landlord Has Minimal Responsibility
  • Goodyear Corporate Guarantee
  • Strategically Located in the Cape Coral Retail Corridor
  • Situated on Del Prado Blvd S Which Sees Traffic Count of Over 46,650 VPD
  • Florida is an Income Tax Free State
  • Population of 185,446 Residents Making an Average Household Income of $66,641 Within a 5-Mile Radius
  • Cape Coral is the Principal City in the Cape Coral – Fort Myers, Florida Metropolitan Statistical Area, Which Was Home to 679,233 People in 2018
  • In 2018, the Area Hosted an Estimate of 4.8 Million Visitors Spending About $3.1 Billion
  • Nearby Tenants Include: ALDI, Publix, Walmart Supercenter, Staples, Taco Bell, Starbucks, Chipotle, JCPenney, Applebee’s, Dollar Tree and More

In Cooperation with SIG RE Services, LLC – Lic. # CQ1055229

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview
The Goodyear Tire & Rubber Company started in 1898 with just 13 workers producing bicycle and carriage tires. From that first bicycle tire, Goodyear quickly grew to become the world's largest tire company, a title it earned in 1916 when it adopted the slogan "More people ride on Goodyear tires than on any other kind." The Goodyear Tire & Rubber Company is an American multinational tire manufacturing company founded in 1898 by Frank Seiberling and based in Akron, Ohio. Goodyear manufactures tires for automobiles, commercial trucks, light trucks, motorcycles, SUVs, race cars, airplanes, farm equipment and heavy earth-mover machinery. As of 2017, Goodyear is one of the top four tire manufacturers along with Bridgestone (Japan), Michelin (France) and Continental (Germany). Today, Goodyear has facilities across the world and annual sales of more than $15 billion. Goodyear is one of the world’s leading tire companies with operations in most regions of the world and one of the most recognized brand names. Together with its U.S. and international subsidiaries, Goodyear develops, manufactures, markets, and distributes tires for most applications. It also manufactures and markets rubber-related chemicals for various applications. Goodyear is one of the world’s largest operators of commercial truck service and tire retreading centers. In addition, it operates approximately 1,100 tire and auto service center outlets where it offers its products for retail sale and provides automotive repair and other services. Goodyear manufactures its products in 47 facilities in 21 countries. It has marketing operations in almost every country around the world.
Area Overview

Goodyear | Cape Coral, FL

2144 Del Prado Blvd S - Cape Coral, FL 33990

$1,011,877

Cap Rate: 6.50%
Status: Sold

Goodyear | Cape Coral, FL

Ned Hennessey

980.441.1426
ned@SIGnnn.com

Gary W. Berwick, CCIM

980.729.5648
gary@SIGnnn.com

Andrew Ackerman

770.626.0445
andrew@SIGnnn.com

Make an Offer
$5 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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