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Tire Choice Auto Service Center

$2,420,000

1787 Hamner Avenue, Norco, CA 92860

Active
Last Updated: 01/16/2025

6

Cap Rate

145,200

NOI

Details:
Cap Rate:    6%
NOI:    $145,200
Building Size:    5,429 sqft
Lot Area:    0.78 acres
Occupancy:    100%
Lease Type:    Double Net
Tenancy:    Single
Parking Spots:    19
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
Description:

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.

Map:
Documents:
Title
TireChoice_NorcoCA.pdf
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Location
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