- NEARLY 30 YEARS OF CONTINUOUS OCCUPANCY - Firestone has operated continuously at this location since 1996, demonstrating a long-term commitment to the site and surrounding trade area. The tenant has exercised multiple renewal options under the lease, reinforcing the property's strategic importance within Bridgestone's national retail network.
- ATTRACTIVE BASIS – APPROXIMATELY $87 PSF - Offered at approximately $87 PSF, the acquisition basis is well below replacement cost, creating an attractive entry point with flexibility for future leasing, redevelopment, or repositioning.
- CORPORATE GUARANTY - BRIDGESTONE RETAIL OPERATIONS, LLC - The lease is corporately guaranteed by Bridgestone Retail Operations, LLC, the U.S. retail operating subsidiary of Bridgestone Corporation (TYO: 5108), providing investors with stable cash flow backed by an investment-grade global tire and automotive services company.
- LOW IN-PLACE RENT OF $5.89 PSF - The property is leased at just $5.89 PSF, representing a low occupancy cost that supports long-term store profitability while reducing future rollover risk and enhancing renewal probability.
- STRATEGIC TRI-STATE POSITIONING | CENTRAL PA TRADE AREA - Strategically located in Chambersburg, PA — within 25 miles of Hagerstown, MD and Gettysburg, PA, and 55 miles from Harrisburg — the site captures a regional service catchment along W Loudon Street (14,054 AADT) with a five-mile trade area of 51/k residents and $93K average household income.
- NECESSITY-BASED AUTOMOTIVE SERVICE TENANT - Firestone Complete Auto Care provides essential automotive maintenance and repair services that benefit from recurring, non-discretionary consumer demand and are largely insulated from e-commerce disruption.