15439 Bear Valley Rd
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15439 Bear Valley Rd
9,012 SF 100% Leased Retail Building Hesperia, CA 92345 £2,062,656 (£229/SF) 5.50% Net Initial Yield
Executive Summary
About 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.
Tenant Overview: 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 U.S. 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.
Tenant Overview: 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 U.S. 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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,012 SF
Building Class
B
Year Built
2007
Price
£2,062,656
Price Per SF
£229
Net Initial Yield
5.50%
NOI
£113,446
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.31
Land Acres
0.67 AC
Parking
30 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
97 ft on Bear Valley Rd
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0406-051-08 | Improvements Assessment | £983,776 |
| Land Assessment | £454,511 | Total Assessment | £1,438,287 |
PROPERTY TAXES
Parcel Number
0406-051-08
Land Assessment
£454,511
Improvements Assessment
£983,776
Total Assessment
£1,438,287
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Edward Matevosian -
CBRE, Inc.
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15439 Bear Valley Rd
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