Investment Highlights

  • Single Tenant Net Leased Investment
  • New 10 Yr Lease with 3-5 Year Options and 3% Annual Increases
  • American Tire Depot a Full-Service Tire & Auto Repair facility
  • Established Credit Tenant (Majco, Inc.) founded in 1970 with 209 American Tire Depots across the nation
  • 3,000 SF Retail Building on 16,415 SF Lot
  • Located on Broadway in Chula Vista across from Broadway Plaza Center Anchored by Costco, Wal-Mart, Target, and more
  • TTG Represented the Buyer in this transaction


Sold Price:

$1,600,000

Rentable Building Area:

3,000 SF

Price Per SF:

$533.33

Cap Rate:

5.88%

Type:

Retail

Status:

Closed

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