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Virtual Drive-By

Goodyear Absolute NNN

408 North Main Street · Mauldin, SC 29662 · Auto Parts / Service

Asking price
$746,000
Cap rate
6.26%
NOI
$46,680

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Lease

Lease typeAbsolute NNN
Term remaining4.5 yrs
Expiration02/2031
Rent bumpsYes
OptionsTwo (2), Five (5) Year Options
Ground leaseNo
Credit profileCredit Rated + Corporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF5,124
Price / SF$155
Year built1985
Lot size0.63 ac
TypeAuto Shop
Days on market64

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​±5,124 SF buidling on ±27,312 SF of fee simple land
  • ​Occupied by national tenant, Goodyear Tires with lease expiring in February 2031 years
  • ​Goodyear is publicly traded on NASDAQ: GT
  • ​Situated on major corridor, Main Street
  • ​Excellent going-in Cap Rate and low price point
  • ​Long standing tenant who has occupied the building since 1985.

Property overview

Goodyear Tire & Service at 408 North Main Street, Mauldin, South Carolina offers investors the chance to acquire a long-term, single-tenant net lease asset occupied by one of the most recognized names in the automotive industry.​ Positioned on a major Main Street retail corridor, this ±5,124 SF building sits on ±27,312 SF of fee simple land in a dense commercial area surrounded by national retailers and strong local traffic drivers.​

The property has been occupied by Goodyear since 1985, underscoring the location’s durability and operating success.​ The tenant recently exercised an early renewal, extending the corporate lease through February 28, 2031, with two additional five-year renewal options remaining.​ Structured as an absolute net lease, the investment offers passive ownership with no landlord expense responsibilities.​

With a nationally recognized, publicly traded tenant, a strategic Upstate South Carolina location, and attractive in-place income, this offering presents an appealing opportunity for investors seeking stable cash flow, long-term tenancy, and a manageable price point in a growing market.​

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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.