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1772 W Florida Ave
Hemet, CA 92545
Allen Tire Company | Low Price/Foot · Commerce de détail Propriété À vendre


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FAITS SAILLANTS DE L'INVESTISSEMENT
- Single-Tenant Net Lease Tire Shop Portfolio (Located in the Riverside-San Bernardino-Ontario MSA)
- Below Market Rental Rates ($20/sf Market Rental Rate per CoStar, Rent is Currently at $11.34/sf)
- Monro Acquired the Former Operator in Dec. 2020 (Publicly Traded Tenant | NASDAQ: MNRO, Formerly Allen Tire Company)
- High Barrier of Entry for Auto Repair Businesses (Grandfathered in Locations)
- Low Price per Foot Basis (Priced Under $200/Ft)
- Historical Occupancy | Market Dominance (Locations have been in business for 40+ Years)
RÉSUMÉ DE L'ANNONCE
• Single-Tenant Net Lease Tire Shop Portfolio
- Located in the Riverside-San Bernardino-Ontario MSA
• High Barrier of Entry for Auto Repair Businesses
- Grandfathered in Locations
• Below Market Rental Rates
- $20/sf Market Rental Rate per CoStar
- Rent is Currently at $11.34/sf
• Low Price per Foot Basis
- Priced Under $200/Ft
• Monro Acquired the Former Operator in Dec. 2020
- Publicly Traded Tenant | NASDAQ: MNRO
- Formerly Allen Tire Company
• Historical Occupancy | Market Dominance
- Locations have been in business for 40+ Years
• Surrounded by National Tenants
- Target, Walmart, Best Buy, & More
• Steady Population Growth
- 176,000 People Within a Five-Mile Radius
• 100 Feet of Frontage on W Florida Ave.
- 30,000+ Vehicles per day
- Located in the Riverside-San Bernardino-Ontario MSA
• High Barrier of Entry for Auto Repair Businesses
- Grandfathered in Locations
• Below Market Rental Rates
- $20/sf Market Rental Rate per CoStar
- Rent is Currently at $11.34/sf
• Low Price per Foot Basis
- Priced Under $200/Ft
• Monro Acquired the Former Operator in Dec. 2020
- Publicly Traded Tenant | NASDAQ: MNRO
- Formerly Allen Tire Company
• Historical Occupancy | Market Dominance
- Locations have been in business for 40+ Years
• Surrounded by National Tenants
- Target, Walmart, Best Buy, & More
• Steady Population Growth
- 176,000 People Within a Five-Mile Radius
• 100 Feet of Frontage on W Florida Ave.
- 30,000+ Vehicles per day
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Réparation automatique
Taille du bâtiment
7 920 pi²
Classe d’immeuble
C
Année de construction
1972
Prix
2 070 520 $ CAD
Prix par pi²
261,43 $ CAD
Taux de capitalisation
6%
Revenu net d’exploitation
124 231 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,32
Taille du lot
0,57 AC
Zone de développement économique
Oui
Zonage
C2, Hemet - Commercial
Stationnement
23 places (2,9 places par 1 000 pi² loué)
Façade
COMMODITÉS
- Ligne d'autobus
- Enseigne sur pylône
- Affichage
Impôts fonciers
| Numéro de lot | 448-440-012 | Évaluation des bâtiments | 978 040 $ CAD |
| Évaluation du terrain | 643 366 $ CAD | Évaluation totale | 1 621 405 $ CAD |
Impôts fonciers
Numéro de lot
448-440-012
Évaluation du terrain
643 366 $ CAD
Évaluation des bâtiments
978 040 $ CAD
Évaluation totale
1 621 405 $ CAD
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