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Corporate Bridgestone/Firestone

Allentown, PA
 
Bldg Size: 7,635 sq. ft.
Land: 1.3 Acres
Lease Type: NN
Price: $3,022,000
Yield: 7.75 (CAP)
Expiration Date: 8/31/2024

  • New, 15-Yr, Corp, NN Lease w/ 6.5% Rent Increases Every 5-Yrs
  • Leasing Entity Operates 2,200+ Stores w/ 20,000+ Employees
  • Lessee is a Subsidiary of Bridgestone Corporation (S&P Rated: BBB+)
  • Adjacent to Target, Sam’s Club and Wal-Mart
  • Adjacent to Lehigh International Airport | 847,256 Passengers 2007
  • 5 Miles from Cedar Crest College & Muhlenberg College
  • Off Route 22 | 91,664 Cars / Day
  • 50 Miles North of Philadelphia | 90 Miles West of New York City
  • Population 246,000 within 5-Mile Trade Area

       

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