Firestone

Lowest
Cap Rate

5.25%%

Lowest cap rate over past 24 months

Average
Cap Rate

6.50%

12 mo avg with 5+ yr lease term

Overview

Firestone properties are commonly structured as absolute NNN leases, requiring no landlord responsibilities. These are often freestanding auto service centers in high-traffic retail corridors, often near grocery-anchored centers or major intersections.

Leases are typically corporate-guaranteed by Bridgestone Retail Operations, LLC, a subsidiary of Bridgestone Americas — one of the world’s largest tire and rubber companies.

Average Property & Lease

Average Sale Price	$1,800,000 - $3,900,000
Average NOI	$140,000 - $275,000
Building SF	6,000
Lease Term	15 Years
Escalations
Stock Symbol

CREDIT RATING

S&P	A
Moody's	A2

TENANT DESCRIPTION

Firestone Tire and Rubber Company was founded in 1900 and is now part of Bridgestone Corporation, a Japan-based multinational with over $25 billion in global revenue.

Today, Bridgestone Retail Operations operates:

2,200+ company-owned locations in the U.S. under the Firestone, Tires Plus, Hibdon Tires Plus, and Wheel Works brands
Firestone locations offer full-service auto care: tires, brakes, batteries, oil changes, alignments, and diagnostics

They continue to reinvest heavily in real estate and service expansion, making them a favorite among 1031 exchange investors and institutional buyers.

Founded	1900
Headquarters	Nashville TN
Number of Locations	1,700
Revenue	$2.5 B
Company Website	https://www.firestonecompleteautocare.com/
Key Principal	Paolo Ferrari

Firestone

Lowest Cap Rate

5.25%%

Average Cap Rate

6.50%

Overview

Average Property & Lease

CREDIT RATING

S&P

A

Moody's

A2

TENANT DESCRIPTION

PROS

CONS

COMPANY QUICK STATS

Lowest
Cap Rate

Average
Cap Rate