6130 North Port Washington Road · Glendale, WI 53217 · Auto Parts / Service
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LEASE TERM: Goodyear has been operating at the Property since it was constructed in 2007 and recently extended their lease, demonstrating their commitment to the site and the market. Goodyear has 6+ years remaining on their corporate Lease with three (3), 5-year renewal options.
SCHEDULED RENT INCREASES: The corporate lease calls for an attractive 5.5% rent increase in 2027 and 5% rent increases at the start of each renewal option, providing the investor with an attractive increase in revenue and a hedge against inflation.
CORPORATE LEASE: Goodyear is one of the world’s largest tire companies. It employs about 63,000 people and manufactures its products in 57 facilities in 23 countries around the world. Goodyear Auto Service has been wholly owned and operated by Goodyear Tire & Rubber Co. since 1924 and has over 2,000 locations. Goodyear reported 2025 net sales of $18.3 billion, with tire unit volumes totaling $158.7 million.
MINIMAL MANAGEMENT RESPONSIBILITIES: Goodyear is responsible for common area maintenance and reimburses for real estate taxes and insurance; the Landlord is responsible for the roof and structure making this an ideal investment for the passive investor. The Property had a new roof installed in 2024.
STRATEGIC RETAIL LOCATION: Goodyear is situated along N Port Washington Road, the area’s primary commercial and commuter roadway. The Property enjoys outstanding visibility and signage and is visible from Interstate 43. Goodyear is located in the center of a dense commercial corridor that is home to national and local retailers and restaurants that drive traffic to the area. The Property is easily accessible from Glendale’s industrial and office complexes, residential neighborhoods, and schools providing a built-in and captive customer base. The Property is convenient to Interstate 43, and WI Routes 32, 57, and 190 providing outstanding regional connectivity and access to Downtown Milwaukee, just 6 miles to the south.
MILWAUKEE MSA: The Milwaukee Metropolitan Statistical Area (MSA) is the largest economic region in Wisconsin and serves as one of the Midwest's most diverse and resilient economies. The MSA is home to approximately 1.6 million residents and benefits from a highly diversified employment base that includes advanced manufacturing, healthcare, financial services, technology, education, logistics, and professional services. The region is home to numerous Fortune 500 and nationally recognized companies, including major employers in industrial manufacturing, insurance, consumer products, and engineering. Milwaukee's strategic location along Lake Michigan, its extensive interstate highway network, access to rail and port facilities, and proximity to both Chicago and Minneapolis provide significant logistical advantages for businesses operating throughout the Midwest. The presence of leading healthcare systems, higher education institutions, and a skilled workforce further supports economic growth and business expansion.
POTENTIAL BONUS DEPRECIATION: The Property may qualify for 100% Bonus Depreciation – Consult with your CPA or Tax Professional.
RECESSION RESISTANT INVESTMENT: Auto service and repair, auto parts, and tire stores remain in high demand among Net Lease investors. The U.S. auto fleet is expected to grow by more than 10% over the next 3 years, resulting in approximately 300 million vehicles (with an average age of 11 years) on the road by 2029. More cars on the road, an aging fleet and more miles driven are all predictors for a healthy automotive parts and automotive repair industry.
STRONG TRAFFIC COUNTS: Approximately 16,100 vehicles pass the property daily along N Port Washington Road and more than 96,800 vehicles pass the Property along Interstate 43.
DEMOGRAPHICS: Over 75,500 people live within 3 miles of the Property with an average household income of $129,401. More than 246,300 people live within 5 miles of the Property with an average household income of $97,071. Additionally, there are over 82,100 employees within 5 miles of the Property.
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a Goodyear located at 6130 N Port Washington Road in Glendale, Wisconsin (the “Property”). Goodyear has occupied this location since it was constructed in 2007 and extended their lease in 2022, demonstrating their commitment to the site and the market. Goodyear has 6+ years remaining on their lease with three (3), 5-year renewal options. The lease features attractive 5% rent increase at the start of each renewal option.
Goodyear is strategically positioned at 6130 N. Port Washington Road in Glendale, one of the Milwaukee metropolitan area's most established commercial corridors. Located just east of Interstate 43 and minutes from the interchange with Interstate 94, the Property benefits from exceptional regional connectivity and convenient access to downtown Milwaukee, Milwaukee's northern suburbs, and the broader southeastern Wisconsin market. Port Washington Road serves as a major north-south thoroughfare carrying significant commuter and consumer traffic through one of the region's most affluent trade areas. The Property is situated near Bayshore, a dominant mixed-use retail destination that attracts shoppers, diners, and visitors from across the Milwaukee metropolitan area, while also benefiting from the surrounding concentration of office buildings, healthcare providers, hotels, and dense residential neighborhoods.
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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.