JUST LISTED! Single Tenant NNN Investment


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Property Type:

Single Tenant NNN Investment - Auto Repair Building


Property Size

4,779 SF 11,371 SF Lot


Sale Price:

$1,977,980


CAP Rate:

5%


Investment Highlights:

  • Stable Tenancy: New Lease Expires April 2031 with Rare Annual Increases.

  • NNN Lease to Portfolio Company-Backed Tenant*: Leased to GB Auto Service Inc., part of Sun Auto Tire & Service, with 10 brands and 350+ retail locations throughout the US.

  • Recession Resistant Use: Auto Repair Use Provides Essential Needs for Consumers Making the Property Resistant to Recession Risk.

  • Ease of Management: The Single Tenant NNN Lease Structure Provides Ownership an Extremely Passive Investment with Minimal Landlord Responsibilities.

  • Ideal Auto Repair Property: Five Oversized 12’ x 14’ Grade-Level Doors with Fenced & Secured Parking. Auto Repair Use Since it was Built in 1986.

  • Less than a Mile from Highway 67 and SR-52.

  • Growing Submarket: Santee City Council Approved the Fanita Ranch Project, a 3,000-Home Development.

  • New Roof and Renovation in 2021.



Contact Agents for More Details (619) 469-3600

KEN ROBAK

Vice President of Brokerage

D: 619 469 3600

Ken@PacificCoastCommercial.com

Lic. 01236527


NICK MANE

Associate Vice President

D: 760 840 7140

Nick@PacificCoastCommercial.com

Lic. 01939391


TOMMAS GOLIA, CCIM

Director of Brokerage

D: 858 598 2891

Tommas@PacificCoastCommercial.com

Lic. 01890744


Pacific Coast Commercial

10721 Treena Street, Suite 200 San Diego, CA 92131

www.PacificCoastCommercial.com

Lic. 01209930



The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt Its accuracy, but we do not guarantee it. All information including zoning, financials, leases, square footage, permits and use should be verified during due diligence and prior to completing a purchase.


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