Goodyear Net Lease Auto
For Sale
Contact for pricing
1745 Black River Blvd, Rome, NY 13440
Corporate-guaranteed Goodyear is leased on an NN+ basis through May 2033, with landlord responsibility for roof, structure, and HVAC.
Property SizeContact for details
Days on Market108
Property Features for 1745 Black River Blvd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
6.87%
Traffic Count
20,960 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
TD Commercial Group
Listed By:
Jared McNutt · License #SL3631750
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 20 at 9:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TD Commercial Group
Investment Insights
Based on property information with market context.
A corporate-guaranteed Goodyear Tire & Rubber Company property located at 1745 & 1749 Black River Blvd is offered for sale. Goodyear has operated at this site continuously since 1965. The property is leased on an NN+ basis through May 2033, with the landlord responsible only for roof, structure, and HVAC. Current annual rent is $75,624, reflecting a 6.87% cap rate based solely on Goodyear income. An additional “bonus rent” component from the adjacent Black River Ale House (currently $2,500/month gross) contributes to a blended return of approximately 9.25%.
The asset is positioned along Black River Boulevard with 20,960 VPD and sits within an established retail corridor. The immediate area includes Market 32 by Price Chopper, Ollie’s Bargain Outlet, Dollar Tree, Planet Fitness, Rome Health, and Applebee’s.
Recent ownership investments include a new roof completed in 2023 and parking lot repairs/sealing, supporting long-term durability of the site.
The asset is positioned along Black River Boulevard with 20,960 VPD and sits within an established retail corridor. The immediate area includes Market 32 by Price Chopper, Ollie’s Bargain Outlet, Dollar Tree, Planet Fitness, Rome Health, and Applebee’s.
Recent ownership investments include a new roof completed in 2023 and parking lot repairs/sealing, supporting long-term durability of the site.
Key Highlights
- Corporate‑guaranteed Goodyear Tire & Rubber Company lease at 1745 & 1749 Black River Blvd, Rome, NY.
- Leased on an NN+ basis through May 2033; landlord responsible for roof, structure, and HVAC.
- Annual rent is $75,624, reflecting a 6.87% cap rate based solely on Goodyear income.
Property Analytics
Current Use
Lease Details
20,960 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13440, NY
41,024
Population
19,286
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
88%
High-School Grad
116.5 sq mi
ZIP Area
352
Density / Sq Mi
$65,497
Median Household Income
$43,747
Median Earnings
$863
Median Rent
$155,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Goodyear Auto Service — 1745 Black River Blvd N, Rome, NY 13440
- Tallman's Tire & Auto Repair — 310 E Chestnut St, Rome, NY 13440
- Cole Muffler — Rome, NY 13440
- Mavis Discount Tire — 1723 Black River Blvd, Rome, NY 13440
- Valvoline Instant Oil Change — 1739 Black River Blvd, Rome, NY 13440
Frequently Asked Questions
What type of property is this?
Auto shop - Corporate-guaranteed Goodyear is leased on an NN+ basis through May 2033, with landlord responsibility for roof, structure, and HVAC.
Where is this auto shop located?
The property is located at 1745 Black River Blvd Rome, NY.
What are key features of this property?
This property features: Corporate‑guaranteed Goodyear Tire & Rubber Company lease at 1745 & 1749 Black River Blvd, Rome, NY.; Leased on an NN+ basis through May 2033; landlord responsible for roof, structure, and HVAC.; Annual rent is $75,624, reflecting a 6.87% cap rate based solely on Goodyear income.
