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Goodyear Tire 8881 Samuel Barton Dr 28,830 SF Industrial Building Belleville, MI 48111 $4,396,834 CAD ($152.51 CAD/SF) 7% Cap Rate
Investment Highlights
- Modern industrial facility – built in 2014 with high-quality construction and professional-grade finishes.
- Established automotive use – currently configured for commercial tire/service operations (Goodyear/Wingfoot)
- Excellent accessibility – convenient access to i-94 and i-275 for regional logistics and transportation
- ±28,830 sf total building area – efficient layout supporting warehouse, service, and office/showroom space.
- Multiple service bays – drive-in and overhead doors ideal for fleet vehicles and heavy-duty equipment functions.
Executive Summary
Colliers is pleased to offer the opportunity to purchase a long operating Goodyear Tire truck service location in Belleville, Michigan.
The tenant has been in possession of the building since 1989. The current lease runs through April 30, 2031, and is guaranteed by Goodyear Tire and its affiliate. The tenant has renewed the lease multiple times and again just recently. This is a passive investment, with Landlord responsible for roof and structure only. There is one remaining option.
This property is located in a prime industrial corridor and sits across the highway from a large Visteon facility. The location and facility are strategic because it services trucks and cars. The property is offered at $3,191,894 which translates to a 7.00% cap rate.
The tenant has been in possession of the building since 1989. The current lease runs through April 30, 2031, and is guaranteed by Goodyear Tire and its affiliate. The tenant has renewed the lease multiple times and again just recently. This is a passive investment, with Landlord responsible for roof and structure only. There is one remaining option.
This property is located in a prime industrial corridor and sits across the highway from a large Visteon facility. The location and facility are strategic because it services trucks and cars. The property is offered at $3,191,894 which translates to a 7.00% cap rate.
Property Facts
| Price | $4,396,834 CAD | Lot Size | 3.18 AC |
| Price Per SF | $152.51 CAD | Rentable Building Area | 28,830 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7% | Year Built | 1988 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.04/1,000 SF |
| Building Class | C | ||
| Zoning | M1 LIG | ||
| Price | $4,396,834 CAD |
| Price Per SF | $152.51 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.18 AC |
| Rentable Building Area | 28,830 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Tenancy | Single |
| Parking Ratio | 1.04/1,000 SF |
| Zoning | M1 LIG |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 83-047-99-0003-705 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $960,507 CAD |
Property Taxes
Parcel Number
83-047-99-0003-705
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$960,507 CAD
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Goodyear Tire | 8881 Samuel Barton Dr
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