August 8, 2023 - Goodman Investment Group is pleased to announce the sale of National Tire and Battery (NTB) located in Willoughby Hills, Ohio. Kyle Hartung represented the seller in this transaction that closed on August 8th. Opened in 1989, this NTB location has 34 years of tenure at this location and extended their lease for 10 years in 2020, giving them guaranteed term through March 2030. The tenant, NTW LLC, is a wholly-owned subsidiary of TBC corporation (owner of NTB, TWC, Midas, etc.), and, according to their website, is the largest revenue producer for their company. The property is located close to a highway interchange with Interstate 90 and is shadowed anchored by Marc’s Grocery Store (Opened 2022) and is surrounded by other retailers including Aldi, Dollar Tree, CVS, Dunkin Donuts, McDonald’s, and O’Reilly, in addition to over 1,300 nearby apartment units and University Hospitals Richmond Hospital. Goodman Investment Group is a division of Goodman Real Estate Services Group LLC and provides investment brokerage and advisory nationally. Please reach out to Kyle Hartung with any questions regarding your property or the current investment market.