DEL TACO | $2,928,055 | 5.00% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Goodyear dba Just Tires a single-tenant property located at 8012 Coit Road, Plano (Dallas MSA), Texas 75025.
Just Tires has 2+ years remaining with three, 5 year options to extend. Just Tires has operated at this location for over 24 years. Following each option exercised the rent shall increase 2.5%, this site also benefits from cell phone tower income that expires in 2031. Just Tires is located in a very strong demographic location where the average household income within 1 mile of the location exceeds $199,000+. With frontage on Coit Road Just Tires is passed by over 25,000+ vehicles per day.
The Goodyear Tire & Rubber Company is an American multinational tire manufacturing company founded in 1898 by Frank Seiberling and based in Akron, Ohio. Goodyear manufactures tires for automobiles, commercial trucks, light trucks, motorcycles, SUVs, race cars, airplanes, farm equipment and heavy earth-moving machinery. It also makes bicycle tires, having returned from a break in production between 1976 and 2015. As of 2017, Goodyear is one of the top four tire manufacturers along with Bridgestone (Japan), Michelin (France) and Continental (Germany).