1787 Hamner Ave - Auto Repair FOR SALE


Norco, CA 92860
$2,420,000 USD
415-274-2705
1787 Hamner Ave, Norco, CA for Sale
$2,420,000 USD
Auto Repair - FOR SALE
1/9
null | 6% Cap Rate

1787 Hamner Ave
Norco, CA 92860


HIGHLIGHTS

  • A single-tenant Tire Choice located in growing Norco, CA (Inland Empire)
  • Original 15-year lease with more than 7 years remaining
  • The lease structure is NN with a corporate signature from one of the premier automotive service and tire distributors in the country
  • Under the terms of the lease, the tenant is responsible for one half of any capital expenditures in excess of $5,000
  • The subject property has a 23+ year successful operating history as a tire dealership and service center

OVERVIEW

Corporate net lease in booming Inland Empire market. Corporately guaranteed NN Tire Choice Auto Service Center (Monro, Inc.) located on the primary retail corridor in Norco, CA. Monro, Inc. is one of America's largest automotive service and tire dealers with more than 1,280 locations nationwide.

FOR SALE DETAILS

PRICE

$2,420,000 USD

PRICE/SF

$446 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tire Choice Auto Service Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

125-170-041

ASK ABOUT THIS PROPERTY

Jack NavarraCP Partners CREMore Info
415-274-2705

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Jack NavarraCP Partners CREMore Info
415-274-2705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.