Good Year

Stock Price
Tenant News
Average Cap Rate Trend
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Approximated & Based On Opinion*)
Average Sale Data & Lease Structure
Average Sale Price$2,700,000
Average Annual Rental Income$185,000
Average Price/SF$200/SF
Typical Lease TypeDouble Net
Typical Lease Term15 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & PBB Stable
Moody'sBa2 Stable

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Tenant Description

The Goodyear Tire & Rubber Company is an American multinational tire manufacturing company founded in 1898 by Frank Seiberling and based in Akron, Ohio. It is one of the top four tire manufacturers along with Bridgestone (Japan), Michelin (France) and Continental (Germany). In addition to Goodyear-brand tires, they also produce other well-respected international brand names such as Dunlop, Kelly, and Fulda.

Goodyear is also known for the Goodyear Blimp. The first Goodyear advertising blimp flew in 1925 and it continues to be one of the best marketing tools out of any modern company. You often see these blimps flying above major sporting events and providing downtown camera views of the city the game is being played in. They also have great marketing in the Nascar circuit. The company is the most successful tire supplier in Formula One history, with more starts, wins, and constructors’ championships than any other tire supplier.


Bridgestone, Michelin

What Is Sold In A Good Year

Goodyear manufactures tires for automobiles, commercial trucks, light trucks, motorcycles, SUVs, race cars, airplanes, farm equipment and heavy earth-mover machinery. They do have some non-tire business, where they provide rubber products and polymers for a variety of markets.

Good Year Website

Corporate Office Location

200 Innovation Way – Akron, OH 44316

Fast Facts

Goodyear has facilities across the world and as of January 2019 annual sales of more than $15 billion.

The company opened a new global headquarters building in Akron in 2013.

The company ranked 187th on the Fortune 500 list in 2018 for the largest United States companies by revenue marking its 24th year on the list

The company was named after American Charles Goodyear, inventor of vulcanized rubber. The first Goodyear tires became popular because they were easily detachable and required little maintenance.

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