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INVESTMENT OFFERING

SAB Capital is pleased to present Tires Plus in North Lake Worth, FL, just 7 miles southwest of West Palm Beach. This property features a corporately backed triple-net (NNN) lease with Bridgestone Retail Operations LLC, a leading operator with over 400 locations across 23 states. The site benefits from exceptional location fundamentals, positioned in a dense retail trade area that boasts 1.4 million square feet of retail within a 1-mile radius. Furthermore, the tenant has demonstrated long-term commitment to this location, having provided over 25 years of service at this site.

  • Tires Plus in Lake Worth, FL | 35 Miles North of Fort Lauderdale
  • Zero Landlord Responsibilities | Triple Net (NNN) Lease Structure
  • Structured Hedge Against Inflation | 10% Increases Every 5 Years
  • Shadow-Anchored by a Walmart Supercenter | Walmart Experiences over 2.1 Million Annual Visitors (Placer.ai)
  • Strong Reported Store Sales | 4.50% Rent-to-Sales Ratio
  • Proven Long Term Location | Tires Plus Has Over 25-Years of Operating History at the Site
  • 39,858+ Vehicles Per Day | Excellent Visibility & Access along 10t Ave N
  • Rare Palm Beach County Location | Palm Beach County Exhibits High Demand Across Residential and Commercial Sectors, a History of Significant Property Value Appreciation, and a Strong Demographic Profile That Fuels Continued Growth.
  • Dense Retail Trade Area | Over 1.4M Square Feet of Retail Within a 1-Mile Radius
  • Proximity to National Retailers | Publix, Walmart, ALDI, Harbor Freight, Home Depot, Ross, Walgreens, AutoZone, Taco Bell, Wendy’s, etc.

Tenant Price Cap Rate Lease Type Square Feet Status
Tires Plus $3,500,000 5.00% NNN 6,762 Available

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