515 N 11th Ave - Auto Repair FOR SALE


Hanford, CA 93230
$1,942,857 USD
818-502-6744
515 N 11th Ave, Hanford, CA for Sale
$1,942,857 USD
Auto Repair - FOR SALE
1/12
null | 5.25% Cap Rate

515 N 11th Ave
Hanford, CA 93230


OVERVIEW

Approximately 13 years remaining with an excellent tenant. Whether purchasing the American Tire Depot (“ATD”) portfolio in its entirety or a smaller cluster of retail outlets, this is a rare opportunity to own long term NNN investment properties in excellent trade areas. Occupied by Big Brand Tire & Service and American Tire Depot as an exceptional tenant for over 15 years, the company was founded in 1969 and has become a leading automotive service provider in California. Headquartered in Moorpark, California, Big Brand Tire & Service is now the 8th largest independent tire and service operator in the United States, with over 160 service centers in growing markets. After a series of recent acquisitions, including American Tire Depot, Tire World, Purcell Tire & Service Retail Centers, Integrity Tire, C&R Tire, S&S Tire & Auto Service, 55 Inc., Brian’s Tire and Auto, and Community Tire Pros, Big Brand is looking accelerate its growth even more, continuing to add new locations, enhance customer service and culture for its team members, and invest in scalable digital infrastructure.

FOR SALE DETAILS

PRICE

$1,942,857 USD

PRICE/SF

$330 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,720 SF

ZONING

MXC

APN/PARCEL ID

010-510-006-000

ASK ABOUT THIS PROPERTY

Edward MatevosianCBRE, Inc.More Info
818-502-6744

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Edward MatevosianCBRE, Inc.More Info
818-502-6744

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