Firestone 972 Sunbury Rd Local commercial 582 m² Immeuble 4 étoiles À vendre Delaware, OH 43015 4 456 689 € (7 660,72 €/m²) Taux de capitalisation 5,15 %

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Firestone property located in Delaware, Ohio. The property features brand new construction with a new 15-year lease, expected to commence in August 2025. The lease contains ?ve 5-year renewal options and there will be 5% rental escalations every 5 years in both the primary term and options. The lease is absolute triple net and presents no landlord responsibilities. Firestone is a wholly owned subsidiary of Bridgestone, an investment grade rated company – S&P: A.
The 6,262 square foot building is situated on 1.97-acre outparcel within the Glennwood Commons shopping center, a 72-acre mixed-use develop-ment currently consisting of 411,000 square feet. The center is anchored by Meijer and Kohl’s. Additional tenants include Dollar Tree, Pet Supplies Plus, Mattress Firm, Verizon, Aspen Dental, McDonald’s, Raising Cane’s, Panda Express, Subway, City Barbeque, Tropical Smoothie Café, and Crumbl. The property is also located near the recently constructed 240-unit Seattle House Apartments, the 335-unit Redwood Apartments, and the newly renovated Byxbe Campus—a $40 million project that now serves as the primary hub for Delaware County government offices. Over 55,000 residents live within a ?ve-mile radius of the property, with an average household income exceeding $117,000. The site is strategically located along Sunbury Road, which sees more than 25,000 vehicles per day. It also bene?ts from its proximity to major thoroughfares—just 1.5 miles east of Columbus Pike (over 35,000 vehicles per day) and 6 miles west of I-71 (over 78,000 vehicles per day)—both offering direct access to downtown Columbus. The property is also just minutes from the Kroger Great Lakes Distribution Center, a pivotal hub in Kroger’s Midwest supply chain.
Firestone Tire and Rubber Company, founded in 1900 by Harvey S. Firestone in Akron, Ohio, is a historic leader in the tire industry. The company gained prominence by supplying tires for the Ford Model T and expanded its offerings to include a wide range of tires for various vehicles and equipment. In 1988, Firestone was acquired by Bridgestone Corporation of Japan, forming one of the largest tire and rubber companies globally. Today, Firestone operates under Bridgestone Americas, maintaining a strong brand presence through its network of retail tire and auto service centers, as well as its involvement in motorsports and innovation in tire technology.