Firestone
Single-Tenant Offerings
Firestone
SWC of E Ovilla Rd. & Austin Blvd.
Red Oak (Dallas-Fort Worth MSA), TX
- Price:
- $4,996,000
- Cap Rate:
- 5.00%
- NOI:
- $249,817
- Rentable SQFT:
- 6,873 SF
- Year Built:
- 2026
- Lot Size:
- 1.031 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
- Investment Grade Credit Tenant with “A” Rating by S&P
- Bridgestone Retail Operations, LLC Operates 2,200+Locations with $4.6 Billion in Revenue
- World’s Largest Manufacturer of Tire and Rubber Products
- Brand New High-Quality Construction on 1.03+/- Acres
- Serving Over 161,000 Residents in Rapidly Growing DFW Suburb, 20 Miles South of Downtown Dallas
- Surrounded by Several Residential Developments with Thousands of New Homes Under Construction
- Red Oak is One of the Fastest Growing Cities in Texas, 6%+ Annual Population Growth Rate
- Average Household Incomes Exceed $111,000 in 3 Miles and $108,000 in 5 Miles
- Across from New Google and Compass Hyperscale Data Centers, Over $1 Billion Invested with Substantial Planned Expansion
- Just West of DataBank’s $2 Billion Red Oak Campus Development on 292 Acres with 8 Data Centers Totaling 3.4 Million SF
- Hard Corner Location at Signalized Intersection with 28,100+ Cars/Day Along Major Retail Corridor
- Just Off I-35 with 91,000+ Cars/Day, Direct Access to Dallas, Austin, and San Antonio
- Adjacent to Bombardier & Qarbon Aerospace Headquarters with 1,200+ Employees
- Strong Daytime Population, More Than 32,000 Employees in Primary Trade Area
- Close Proximity to Several K-12 Schools (7,000+ Students), Texas State Technical College North Texas, and Dallas College Cedar Valley
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