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INVESTMENT OFFERING

SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased Firestone located in Shreveport, LA. This exceptional investment is secured by a double-net (NN) lease with a recently executed 10-year extension along with three remaining 5-Year options carrying 10% rental increases. Firestone has operated at this location for over 35 years.

Firestone now operates within a combined network of over 1,820 stores across the U.S. states and is backed by the financial strength and operational scale of Bridgestone Corporation (a $30+ billion global enterprise). With superb credit ratings (A (S&P), A2 (Moody’s)) Firestone remains committed to long term tenancy at this location.

Strategically located in Odessa, TX in a busying retail corridor, the property benefits from superior visibility, signage, and access with traffic counts exceeding 23,000 vehicles per day and 74,000 vehicles per day on nearby I-20. The property is adjacent to Odessa College (15,000 students) and is located in close proximity to Odessa Regional Medical Center and Midland Airport. The property also has nearby surrounding retail spaces that include national tenants such as Pizza Hut, Chick-fil-A, Dairy Queen, Whataburger, and many others.

With its strong real estate fundamentals, double-net lease structure, corporate guarantee and premier location, this offering truly represents a passive, low-risk opportunity.

  • 10-Year Recently Executed Extention on Existing NN Lease | Corporate Guaranteed Lease
    • NN Lease from National Leader in Auto Maintenance and Repair, Firestone Complete Auto Care Has Operated at this Location for 35+ Years
    • Backed by Bridgestone, Operating over 1,820+ Locations Nationwide
    • The lease includes 10% rent increases every 5-Years and three remaining 5-year extensions
  • NN Lease Structure | Minimal Landlord Responsibilities
    • Tenant pays for Taxes, Insurance, CAM
    • Landlord Responsible for Roof & Structure
    • Roof was Renovated 6 Years Ago 
  • Prime High-Visibility Location | Proximity to Local Mission-Critical Sites
    • High-Visibility Location Along Andrews Highway (22,896+ VPD), Just North of Interstate 20 (74,098+ VPD)
    • Proximity to Medical Center Hospital (1,456 beds/staff), Odessa Regional Medical Center, Midland International Airport (700,000+ Passengers/Yr.), & Ector County Coliseum
    • $424 million TXDOT Highway Expansion Project Underway through 2026 
  • Strong Area Demographics | Expected High Growth Area
    • Strong Area Demographics: >110,000 Residents within a 5-mile radius
    • Household Counts within a 5-mile radius >39,000
  • Recent Lease Extension | Firestone recently extended its lease through March 31, 2036, demonstrating long-term commitment to the location.
  • Investment-Grade Tenant (S&P: A- | Moody’s: A3) | The lease is backed by Bridgestone Corporation, an investment-grade rated global operator and one of the largest automotive service providers worldwide, offering secure, credit-backed cash flow.
  • High-Visibility Infill Location | Located along Andrews Highway (~20,000 VPD) with immediate access to Interstate 20 (~74,000 VPD), the property benefits from strong visibility, accessibility, and consistent consumer traffic.
  • Strategic Position Within the Permian Basin | Odessa sits at the center of the Permian Basin, one of the most productive energy regions globally, supporting a stable workforce base and sustained demand for automotive and service-oriented retail.
  • Purpose-Built Automotive Facility | ±12,624 SF building on 1.83 acres with 7-bay service configuration. Functional layout tailored to automotive use, supporting operational efficiency and long-term tenancy.
  • Below Replacement Cost Basis | Low basis relative to replacement cost with C-2 (Light Commercial) zoning, supporting long-term optionality for repositioning or redevelopment.
  • Proximity to Key Demand Drivers & Infrastructure Investment | Located near major regional anchors including Medical Center Hospital, Odessa Regional Medical Center, and Midland International Air & Space Port, and benefits from a $424M TXDOT highway expansion, enhancing long-term corridor growth.

Tenant Price Cap Rate Lease Type Square Feet Status
Firestone $3,272,727 5.50% NN 12,624 Available

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