New Firestone Auto Care
399 W Commonwealth Blvd, Martinsville, VA 24112
New construction Firestone in Martinsville, VA with long-term lease.
Type:Retail
Property size:
6,607 SFLot size:
1.20 AcresPrice / SF:
$828/SF- Added:
- Feb 20, 2026
- Days on Market:
- 81
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 399 W Commonwealth Blvd
General Information
- Standard status
- Active
- Size
- 6,607 SF
- Lot size
- 1.20 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agent Kyle Blatt License #CA 02017976
Listing office Marcus & Millichap - Orange County
Listing date Feb 20, 2026
Source Crexi
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
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.
- Features 5% rent increases every five years and five 5‑year renewal options.
- Proximity to Martinsville Speedway, generating ~$70M in regional spending per race weekend.
- Surrounded by national retailers including Walmart, Lowe's, ALDI, Starbucks, and Chipotle.
Overview
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.
Location Intelligence
Current Use by Public Records
Automotive properties
Similar Places Nearby
- U-Haul Neighborhood Dealer — 10 E Market St, Martinsville, VA 24112
- U-Haul Neighborhood Dealer — 608 Stultz Rd, Martinsville, VA 24112
Location Insight
- Map
- Local Demand
- City
- Martinsville
- County
- Martinsville
- State
- Virginia
- Longitude
- -79.856492
- Latitude
- 36.694746
Nearby Similar for Sale
FAQs
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.
