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 Shreveport, LA in a busying retail corridor, the property benefits from superior visibility, signage, and access with traffic counts exceeding 45,000 vehicles per day. The property is located in the shadow of a Lowe’s and also has nearby surrounding retail spaces that include national tenants such as Raising Cane’s, Pet Zone, Applebees, Denny’s, 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 Extenion 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, Parking Lot, and Utility Lines
- Prime High-Visibility Location | Proximity to Local Mission-Critical Sites
- High-Visibility Location Along Jewella Avenue With Up to 45,000+ VPD at Signalized Intersection of Jewella Avenue and LA-3132
- Proximity to Key Regional Institutions Barksdale AFB, Willis-Knighton Health System, Ochsner LSU Health, and LSU Shreveport
- Strong Area Demographics | Expected High Growth Area
- Strong Area Demographics: >96,000 Residents within a 5-mile radius
- Household Counts within a 5-mile radius >37,000
- #1 Within 50-Mile Radius | Ranks #1 and top quartile nationally per Placer.ai, evidencing dominant market share and sustained consumer demand.
- High-Visibility Highway Access | Directly positioned off Inner Loop Expressway (LA-3132), benefiting from strong visibility, accessibility, and commuter traffic exposure.
- Upcoming Capital Investment (2026) |Comprehensive interior and exterior refresh at tenant’s sole cost, reinforcing long-term occupancy and operational commitment.
- Long-Term Commitment | Recent ten year lease extension underscores tenant’s commitment to the location and continued investment in the site.
- Investment Grade Tenant | Lease obligations supported by Bridgestone Corporation (A– / A3), an investment-grade global platform.
- Limited Landlord Exposure | Tenant responsible for taxes, maintenance, and operations, with limited landlord obligations, providing stable cash flow.
- Established Trade Area | Location functions as a primary service node within the trade area, supported by consistent local customer draw.
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Firestone | $3,434,783 | 5.75% | NN | 20,184 | Available |