The Subject Property is a Single Tenant NNN Window Tint and Auto Repair property located in Rialto, California. The property is located on a signalized corner with great visibility from Foothill Blvd and Lilac Avenue. The tenant signed a new 5-year lease which extends to 2026 and there is one 5-year option thereafter. The property has four tall drive-through bays and one of which has an oil change pit. At current list price the property delivers a 5.4% cap rate. This is a multi-location tenant experienced with this type of business. Auto related retail is a service based industry with little to no competition from e-commerce or Amazon. The asset has easy access to the 10, 15, 210, 259 freeways; there is also a bus station across the street.
Listing Courtesy of Keller Williams R.E. Services, Savannah MLS