Port Charlotte, FL - Firestone

Description:

• Firestone Auto Care corporate signed lease
• 8 years remaining with 5 (5-year) option periods to extend
• The lease features 5% rental increases every five years, gradually increasing NOI and providing a hedge against inflation

• The subject property is located directly across from a Publix-anchored shopping center
• The Publix ranks in the 91st percentile nationwide
• The site is located in a dense retail corridor with national/credit tenants such as Walmart Supercenter McDonald’s, Chase Bank, Taco Bell, Planet Fitness, AutoZone, and more
• The asset is located near the signalized, hard-corner intersection of Peachland Blvd and Loveland Blvd, with a combined average of 19,100 vehicles per day
• The site benefits from being in close proximity to Interstate 75, a major thoroughfare that sees over 57,000 vehicles per day
• The asset has excellent visibility and multiple points of ingress/egress

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Listing ID: a28TP000002L9OvYAK