May 6, 2025 – Zach Smith of Horvath & Tremblay has successfully completed the sale of Goodyear in Port Huron, Michigan. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $1,134,641.
Goodyear is located at 4655 24th Avenue in Port Huron, Michigan. Goodyear occupies a 5,200 square foot building on a 0.80-acre corner parcel of land. Goodyear has been at this location since 1996 and recently extended their lease demonstrating their commitment to the site and market. Goodyear has 1+ years remaining on their NN Lease with two (2), 5-year renewal options. The lease features attractive rent increases at the start of each renewal option, providing the investor with an attractive increase in revenue and a hedge against inflation. The Property is situated along 24th Avenue (MI Route 25), the area’s primary commercial and commuter corridor. The Property is a pad site to a Hobby Lobby and Dick’s Sporting Goods and enjoys outstanding visibility and frontage. Goodyear is surrounded by national retailers and restaurants driving traffic to the area and is convenient to the area’s residential neighborhoods, providing a built-in customer base. The Property is also just 1 mile from the shores of Lake Huron.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.