New Firestone Auto Care
For Sale
Contact for pricing
Pending
399 W Commonwealth Blvd, Martinsville, VA 24112
New construction Firestone in Martinsville, VA with long-term lease.
Property Size6,607 SF
Lot Size1.20 Acres
Days on Market172
Property Features for 399 W Commonwealth Blvd
General Information
Standard status
Pending
Size
6,607 SF
Lot size
1.20 Acres
Property subtype
Retail
Zoning
Commerical
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$273,659
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Kyle Blatt · License #CA 02017976
Source:
Crexi
Added: Feb 20
Changed: Aug 8
Last Checked: Aug 11 at 6:00PM
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 Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
This brand-new construction Firestone Complete Auto Care is located at 399 W Commonwealth Blvd in Martinsville, VA. The 6,607 square foot property is situated on a 1.20-acre lot. It is offered as a strategic investment opportunity. The property features a 15-year absolute NNN lease commencing approximately in April 2026, backed by Firestone, a subsidiary of Bridgestone Corporation. The lease includes 5% rent increases every five years and five 5-year renewal options. The property is positioned along a high-traffic retail corridor with excellent visibility and signalized access. The site benefits from proximity to Martinsville Speedway, which draws thousands for bi-annual events and generates significant regional spending per race weekend, plus strong tourism. Ongoing development is occurring nearby. The property is surrounded by national retailers including Walmart, Lowe's, ALDI, Starbucks, and Chipotle. It is supported by a demographic base of approximately 33,230 residents within 5 miles, with a median household income of $51,045. This asset offers stable, long-term income in a growing auto-dependent market.
Key Highlights
- Brand‑new Firestone Complete Auto Care with a 15‑year absolute NNN lease commencing ~April 2026.
- Lease backed by Firestone (Bridgestone subsidiary with $28.9B revenue and over 2,200 locations).
- Located in a high‑traffic retail corridor with excellent visibility and signalized access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
299k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Apparel 25%
Shops & Services 14%
Groceries 14%
Chick-fil-A
Dining
41,201 visits/mo
0.1 miles
Kroger
Groceries
40,306 visits/mo
0.2 miles
Marshalls
Apparel
25,562 visits/mo
0.2 miles
McDonald's
Dining
25,388 visits/mo
0.1 miles
Belk
Apparel
18,944 visits/mo
0.3 miles
Demographics for 24112, VA
30,978
Population
15,999
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
86%
High-School Grad
151.3 sq mi
ZIP Area
205
Density / Sq Mi
$47,059
Median Household Income
$34,100
Median Earnings
$770
Median Rent
$119,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Automotive property - New construction Firestone in Martinsville, VA with long-term lease.
Where is this automotive property located?
The property is located at 399 W Commonwealth Blvd Martinsville, VA.
What is the asking price?
The asking price for this property is $5,473,180.
What are key features of this property?
This property features: Brand‑new Firestone Complete Auto Care with a 15‑year absolute NNN lease commencing ~April 2026.; Lease backed by Firestone (Bridgestone subsidiary with $28.9B revenue and over 2,200 locations).; Located in a high‑traffic retail corridor with excellent visibility and signalized access.
