Goodyear 6130 N Port Washington Rd Local commercial 613 m² À vendre Glendale, WI 53217 2 683 336 € (4 376,24 €/m²) Taux de capitalisation 6 %

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a Goodyear located at 6130 N Port Washington Road in Glendale, Wisconsin (the “Property”). Goodyear has occupied this location since it was constructed in 2007 and extended their lease in 2022, demonstrating their commitment to the site and the market. Goodyear has 6+ years remaining on their lease with three (3), 5-year renewal options. The lease features attractive 5% rent increase at the start of each renewal option.
Goodyear is strategically positioned at 6130 N. Port Washington Road in Glendale, one of the Milwaukee metropolitan area's most established commercial corridors. Located just east of Interstate 43 and minutes from the interchange with Interstate 94, the Property benefits from exceptional regional connectivity and convenient access to downtown Milwaukee, Milwaukee's northern suburbs, and the broader southeastern Wisconsin market. Port Washington Road serves as a major north-south thoroughfare carrying significant commuter and consumer traffic through one of the region's most affluent trade areas. The Property is situated near Bayshore, a dominant mixed-use retail destination that attracts shoppers, diners, and visitors from across the Milwaukee metropolitan area, while also benefiting from the surrounding concentration of office buildings, healthcare providers, hotels, and dense residential neighborhoods.
The area's economic strength is supported by Milwaukee's diverse employment base, including healthcare, manufacturing, financial services, technology, education, and professional services, all of which generate consistent vehicle traffic and demand for automotive maintenance and repair services. Additionally, Glendale's strong household incomes, high vehicle ownership rates, and dense population base provide a stable and recurring customer base for automotive service operators. The combination of outstanding visibility, proximity to major transportation routes, access to a large and affluent customer base, and location within one of southeastern Wisconsin's premier commercial districts makes this an exceptional location for Goodyear and supports the property's long-term investment appeal.
LEASE TERM: Goodyear has been operating at the Property since it was constructed in 2007 and recently extended their lease, demonstrating their commitment to the site and the market. Goodyear has 6+ years remaining on their corporate Lease with three (3), 5-year renewal options.
SCHEDULED RENT INCREASES: The corporate lease calls for an attractive 5.5% rent increase in 2027 and 5% rent increases at the start of each renewal option, providing the investor with an attractive increase in revenue and a hedge against inflation.
CORPORATE LEASE: Goodyear is one of the world’s largest tire companies. It employs about 63,000 people and manufactures its products in 57 facilities in 23 countries around the world. Goodyear Auto Service has been wholly owned and operated by Goodyear Tire & Rubber Co. since 1924 and has over 2,000 locations. Goodyear reported 2025 net sales of $18.3 billion, with tire unit volumes totaling $158.7 million.
MINIMAL MANAGEMENT RESPONSIBILITIES: Goodyear is responsible for common area maintenance and reimburses for real estate taxes and insurance; the Landlord is responsible for the roof and structure making this an ideal investment for the passive investor. The Property had a new roof installed in 2024.