Tires Plus – Orlando, FL

Tires Plus Total Car Care
6603 W Colonial Dr, Orlando, FL 32818, USA

Sands Investment Group is pleased to exclusively offer for sale the Tires Plus NNN Asset located at 6603 W Colonial Drive in Orlando, FL. This property presents an ideal opportunity for investors seeking a stable, hands-off, income-producing asset backed by a national credit tenant. Situated on a 0.75-acre parcel, the building features 5,800 SF of space with multiple service bays and ample parking.

  • Corporately Guaranteed Lease: Backed by Bridgestone Retail Operations, one of the largest tire and automotive service providers in the U.S.
  • High-Performing Retail Corridor: Located along West Colonial Drive (State Road 50), one of Orlando’s most heavily traveled thoroughfares, with excellent visibility.
  • Attractive Real Estate Fundamentals: Situated on a 0.75-acre parcel featuring 5,800 SF of building area with multiple service bays and ample parking.
  • Established Tenant With Proven Track Record: Tires Plus has operated successfully at this location for decades.
  • Low Management, Passive Investment: Ideal for investors seeking a stable, hands-off income-producing asset backed by a National Credit Tenant.
  • Recent Renewal: Just exercised the 5-year renewal option, showing commitment to the site.

 

In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953

Tires Plus Total Car Care
6603 W Colonial Dr, Orlando, FL 32818, USA

Tires Plus Total Car Care

Tires Plus began in 1976 when Tom Gegax and Donald Gullet converted three former Shell service stations into the first outlets, launching their vision for total car care. Since then, the business has grown significantly and is now a part of Bridgestone Retail Operations (BSRO), operating dozens of full-service auto care and tire stores across the country. More than just tires, Tires Plus locations offer a full suite of auto repair and maintenance services from engine work, alignments, brakes, batteries, to oil changes and inspections. Their stores stock a wide range of Bridgestone- and Firestone-brand tires and they guarantee competitive pricing through a price-match policy.

Price

$2,640,427

Cap Rate

5.15%

PREMISES

5,800 SF

RENEWAL OPTIONS

3 x 5 Year Options

Lease Expiration

03/31/2031

Lease Type

NNN

RENTAL INCREASES

10% Every 5 Years

BROKERS

List with SIG

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