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Firestone Complete Auto Care 1762 State Rd 6,116 SF Retail Building Summerville, SC 29486 $3,697,000 ($604.48/SF) 5.25% Cap Rate



Executive Summary
Zero Landlord Responsibilities: This attractive Absolute NNN lease structure leaves the Landlord with no maintenance, insurance, or property tax obligations, offering a truly passive investment.
Corporate Tenant with Massive Global Footprint: The tenant, Bridgestone Retail Operations (BSRO), is the retail subsidiary of Bridgestone Corporation, a Japanese multinational tire and diversified products manufacturer that boasted 2025 tire sales of approximately $19.3 billion and total global revenues of approximately $28.8 billion.
Dominant U.S. Presence: Bridgestone Retail Operations (BSRO), Bridgestone Corporation’s retail subsidiary, is the largest network of company-owned automotive service providers in the world, with over 2,200 retail service locations across 48 states.
Strong Lease Terms: ±10 years remaining on the initial lease term with an additional 25 years in option periods, along with the scheduled 5% rent increases every five years, ensure long-term reliable income and cash flow stability.
High Traffic Corridor: Located along Hwy 176 (±19,800 VPD), a highly trafficked regional commuter corridor that runs parallel, and serves as a heavily trafficked alternative, to I-26, connecting Spartanburg, Union, and the capital city of Columbia.
Excellent Demographics: With a 5-mile population density of ±59,564 people and a respective average household income of $111,374, this property is ideally situated for excellent customer exposure through its proximity to a large and affluent customer base.
Rapidly Developing Market: Summerville, SC has gained recognition as one of the fastest growing suburbs in the Charleston metro area, attracting growing numbers of residents year over year due to its proximity to the many North Charleston manufacturing plants, such as Boeing, Bosch, and Volvo, as well as its close proximity to Downtown Charleston.
Corporate Tenant with Massive Global Footprint: The tenant, Bridgestone Retail Operations (BSRO), is the retail subsidiary of Bridgestone Corporation, a Japanese multinational tire and diversified products manufacturer that boasted 2025 tire sales of approximately $19.3 billion and total global revenues of approximately $28.8 billion.
Dominant U.S. Presence: Bridgestone Retail Operations (BSRO), Bridgestone Corporation’s retail subsidiary, is the largest network of company-owned automotive service providers in the world, with over 2,200 retail service locations across 48 states.
Strong Lease Terms: ±10 years remaining on the initial lease term with an additional 25 years in option periods, along with the scheduled 5% rent increases every five years, ensure long-term reliable income and cash flow stability.
High Traffic Corridor: Located along Hwy 176 (±19,800 VPD), a highly trafficked regional commuter corridor that runs parallel, and serves as a heavily trafficked alternative, to I-26, connecting Spartanburg, Union, and the capital city of Columbia.
Excellent Demographics: With a 5-mile population density of ±59,564 people and a respective average household income of $111,374, this property is ideally situated for excellent customer exposure through its proximity to a large and affluent customer base.
Rapidly Developing Market: Summerville, SC has gained recognition as one of the fastest growing suburbs in the Charleston metro area, attracting growing numbers of residents year over year due to its proximity to the many North Charleston manufacturing plants, such as Boeing, Bosch, and Volvo, as well as its close proximity to Downtown Charleston.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,116 SF
Building Class
B
Year Built
2020
Price
$3,697,000
Price Per SF
$604.48
Cap Rate
5.25%
NOI
$194,046
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.00 AC
Zoning
GB
Parking
34 Spaces (5.56 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 195-00-00-111 | Improvements Assessment | $0 |
| Land Assessment | $1,900,000 | Total Assessment | $1,900,000 |
Property Taxes
Parcel Number
195-00-00-111
Land Assessment
$1,900,000
Improvements Assessment
$0
Total Assessment
$1,900,000
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Firestone Complete Auto Care | 1762 State Rd
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