Firestone NNN Investor Hub | Cap Rate Trends, Credit Rating Trends, Lease Terms & Due Diligence

Firestone

Last Year Cap

5.6%

This Year Cap

6.0%

Cap Change

0.4%

Last Year Rating

A

This Year Rating

A

Rating Change

No change

Firestone – NNN Cap Rate Trend

Cap Rate Trends

wdt_ID wdt_created_by wdt_created_at wdt_last_edited_by wdt_last_edited_at Tenant Year Cap Rate
5779 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,020 6.5
5780 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,021 6.3
5781 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,022 6.0
5782 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,023 6.3
5783 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,024 6.6
5784 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,025 6.6
Tenant Year Cap Rate

Credit (what net-lease buyers care about)

Credit Snapshot

Firestone

Cap Rates NNN
Last Year 5.6%
This Year 6.0%
Change 0.4%
S&P Rating CREDIT
Last Year A
This Year A
Change No change

Firestone Net Lease: Secure, Essential Investment

Firestone Complete Auto Care is a nationally recognized automotive service tenant commonly found in net lease investments. This guide reviews cap rates, lease terms, tenant profile, and key due diligence considerations for buyers and sellers.

For 1031 exchange buyers, Firestone Ground Lease Properties are important to compare against fee simple Firestone assets, as lease structure can materially impact pricing, financing, and long-term resale value.

Investors often target Firestone assets for:

  • Stable Service-Based Income
  • Needs-Based Automotive Repair Demand
  • Strong Corporate Backing
  • 1031 Exchange Compatibility

Firestone Ground Lease Properties require close comparison of rent escalations, remaining lease term, extension options, and residual land value versus fee simple ownership.

Firestone Ground Lease Properties for 1031 Exchange Buyers

Firestone Ground Lease Properties often trade differently than fee simple Firestone assets. Buyers should carefully evaluate lease structure, remaining term, renewal options, landlord responsibilities, and reversionary land value to understand long-term risk and return.

Firestone – Credit Trend (S&P vs Moody’s)

Tenant_Rating_Trend

wdt_ID wdt_created_by wdt_created_at wdt_last_edited_by wdt_last_edited_at TenantKey Tenant Year Moody SP Moody_Grade SP_Grade Moody_GradeRank SP_GradeRank
1 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2022 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
2 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2023 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
3 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2024 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
4 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2025 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
5 admin2 2025 03:43 PM admin2 2025 03:43 PM 99centsonlystoresllc 99 Cents Only Stores, LLC 2022 Caa2 CCC+ Substantial Risk Substantial Risk 2 2
TenantKey Tenant Year Moody SP Moody_Grade SP_Grade Moody_GradeRank SP_GradeRank

Firestone Investment Market Statistics

AVERAGE SALE PRICE

$4,000,000

BUILDING SIZE

5,000 – 8,500 SF

AVERAGE NOI

$250,000

LAND

0.75 – 1.50 Acres

$/SF RANGE

$250 – $600 / SF

LEASE TERM SHOWN

20 years

Firestone Investor Snapshot (Quick Facts)

Origins & Growth (Past)

  • Founded as Firestone Tire and Rubber Company
  • Expanded from tire manufacturing into automotive services
  • Grew through company-operated and leased service locations
  • Established a nationwide service center network
  • Integrated retail tire sales with maintenance and repair services
  • Aligned operations under Bridgestone Corporation ownership
  • Developed into a leading U.S. automotive service brand

Where Firestone Stands Today

  • Large U.S. service center footprint
  • Leader in automotive maintenance and tire services
  • Consistent, needs-based customer demand
  • Primarily company-operated business model
  • Integrated tire, repair, and maintenance services
  • Backed by Bridgestone Corporation
  • Focus on operational efficiency and service expansion

Where Firestone Stands Today

  • Expanded service offerings
  • Increased operational efficiency
  • Digital scheduling and service tools growth
  • Customer retention and loyalty focus
  • Optimized store and service center formats
  • Growth in fleet and commercial services
  • Steady demand driven by vehicle maintenance needs

Why investors buy Firestone NNN Properties or Firestone ground Lease Properties?

Pros (what buyers like)

  • Firestone brand strength
    Nationally recognized automotive service provider with long operating history and consistent service demand
  • Essential, needs-based service
    Auto repair and maintenance drive repeat, non-discretionary customer visits across economic cycles
  • High-traffic retail locations
    Many sites are located on major roads, signalized intersections, and dense suburban corridors
  • Attractive lease structures
    Long-term NNN or ground leases are common, appealing to passive and 1031 exchange buyers
  • Corporate backing
    Many locations are operated by Bridgestone-affiliated entities, providing strong institutional support

Cons (what can bite you)

  • Lease structure variability
    Some leases may be NN or modified NNN, with landlord responsibilities for roof, structure, or site components
  • CapEx and maintenance risk
    Auto service properties can involve higher wear-and-tear, increasing long-term capital considerations
  • Environmental considerations
    Oil handling, lifts, and service operations require proper environmental review and compliance checks
  • Limited rent growth
    Rent escalations may be modest or tied to renewal options rather than fixed annual increases
  • Re-tenanting risk
    Service bay layouts can be difficult to repurpose for alternative tenants if vacated

Find out more

Firestone Background & History

Firestone Complete Auto Care is a national automotive service provider best known for its network of retail service centers focused on tires, maintenance, and repair. What began as a tire manufacturing business evolved into a full-service automotive care model centered on keeping vehicles safe and operational.

Over time, the brand expanded into a nationwide footprint, moving beyond tire sales into comprehensive vehicle services. Today, customers rely on Firestone locations for tire replacement, oil changes, brake service, alignments, and general automotive maintenance that supports everyday driving needs.

As vehicle ownership remains essential across most markets, the brand has adapted by standardizing service formats, improving operational efficiency, and integrating multiple service offerings under one roof to handle consistent customer demand.

Why Firestone Matters to NNN Investors

Today, Firestone operates a large network of automotive service centers across the United States, serving steady, needs-based demand. The business model is centered on recurring maintenance, repeat customers, and locations positioned along high-traffic corridors and dense suburban trade areas.

Unlike traditional retail, Firestone benefits from service-driven demand tied to vehicle ownership rather than discretionary spending. In addition, the brand continues to benefit from its alignment with Bridgestone Corporation, supporting operational scale and brand stability.

This focus on essential automotive services helps explain why Firestone remains relevant even as retail trends shift. The company continues optimizing service center layouts, staffing, and offerings to match evolving vehicle needs and customer expectations.

What Buyers and Sellers Should Evaluate

For investors evaluating Firestone NNN properties, a Firestone net lease, or a Firestone ground lease, the investment thesis is typically centered on service-based demand supported by strong real estate fundamentals. As a result, buyers often focus more on site functionality, lease structure, and trade area strength than brand recognition alone.

Common searches include Firestone real estate, Firestone cap rate, Firestone lease term, Firestone tenant profile, and service center performance. Ultimately, Firestone net lease value is driven by location quality, lease economics, and how the site fits within the broader service network.

As driving patterns and vehicle usage continue to evolve, the strongest Firestone locations tend to be those that remain critical within their trade areas. Buyers and sellers should evaluate each property individually, including access, visibility, traffic counts, surrounding population, service bay configuration, competition, and lease language that defines landlord responsibilities.

In addition, investors should consider long-term cash-flow durability, property condition, ongoing maintenance requirements, and how the asset may perform across different hold periods and exit strategies.

our team of experts are here for you

Our team helps investors evaluate NNN properties with practical, market-based guidance. In addition, we support buyers and sellers with lease review, pricing analysis, and due diligence strategy.

Whether you are comparing Firestone ground lease properties or fee simple Firestone assets, we can help you review the details that affect risk and long-term value. As a result, clients can make more confident decisions based on lease structure, location quality, and investment goals.

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