35964 Winchester Rd - Freestanding FOR SALE


Winchester, CA 92596
$3,000,000 USD
480-221-4221
35964 Winchester Rd, Winchester, CA for Sale
$3,000,000 USD
Freestanding - FOR SALE
1/5
null | 5% Cap Rate

35964 Winchester Rd
Winchester, CA 92596


HIGHLIGHTS

  • Brand New 15-Year Lease | Corporate Signed | Scheduled Rental Increases | Brand New Construction
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Signalized, Hard-Corner Intersection | Drive-Thru Equipped
  • Positioned Within French Valley Marketplace | Retail Corridor | Strong National/Credit Tenant Presence
  • Direct Residential Consumer Base | Six Figure Incomes |Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Les Schwab Tires investment property located in French Valley, California. The tenant, Les Schwab Tires recently signed a brand new 15-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is corporate signed and absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The building features state-of-the-art, brand new construction with modern amenities and design.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Les Schwab Tires | New 15yr Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

GC

APN/PARCEL ID

480-990-012

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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