Corporate Guaranty | S&P: A
Blue West Capital is pleased to exclusively offer for sale a single tenant net leased Firestone located in Colorado Springs, CO. Firestone is an investment-grade rated tenant (S&P: A). The brand new construction property has a long-term lease with over 13.5 years remaining and no landlord responsibilities. The lease also features rental increases every five years in the primary term and renewal options. Bridgestone/Firestone is the largest manufacturer of tires in the world and is publicly traded with a market capitalization of $26 billion
Colorado Springs is the second-most populous city in Colorado. The property sits in a dynamic and rapidly expanding northern Colorado Springs retail trade area and is positioned adjacent to InterQuest Marketplace, a ±900,000 square foot mixed-use development. The affluent area boasts of $147,000 average household incomes within three miles.