Raben Tire (Goodyear S&P:BB-) | Harrisburg, IL

Retail

709 S Commercial St Harrisburg IL
Price:
$ 2,740,800
Property Size:
34 sqft
Cap Rate:
6.00
NOI:
$ 164,448
Lot Size:
3.12 acres
Status:
Sale

100% LEASED AND GUARANTEED BY GOODYEAR TIRE & RUBBER CO.
(NASDAQ: GT) (S&P: BB-)
The Subject Propert is fully leased and guaranteed by GOODYEAR Tire and Rubber Co., which runs through May of 2033.

RECENT 13.5 YEAR SALE LEASEBACK
The Subject Property boasts a market leading, absolute NNN, 13.5 sale leaseback with GOODYEAR Tire & Rubber Co., which runs through May of 2033.

2.00% ANNUAL RENT INCREASES
The Subject Property boasts strong rental increases of 2.00% annually, throughout the primary term and option periods.

EXCELLENT LOCATION, ACROSS FROM WALMART SUPERCENTER
The Subject Property enjoys a strong location within the heart of the Hopkinsville Market, across the street from Walmart Supercenter and amongst many other national credit tenants.

HIGHLY PASSIVE ABSOLUTE NNN
The Subject Property boasts a true Absolute NNN Lease with Zero Landord Responsibilities.

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The information contained herein has been obtained from sources deemed reliable or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

Exclusive Listing

D. Andrew Ragsdale, Esq.
Senior Managing Director
918.878.9535
Ken Hedrick
Executive Managing Director
918.878.9540
Jerry Hopkins
Executive Managing Director
918.878.9536

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