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13236857
13236858

2320 E Vineyard Ave, Oxnard, CA 93036

JE
CA CA 01931224
CBRE LA
EM
CA Lic. 01358783
CBRE LA
Listed by CBRE LA
$3,733,333
987 days on market
Updated 43 days ago

2320 E Vineyard Ave, Oxnard

Details
APN 142-0-022-415, 142-0-022-390
Property Type Retail
Sub Type Auto Shop
Square Footage 7,670
Net Rentable (SqFt) 7,670
Units 1
Cap Rate 4.5%
NOI $168,000
Occupancy 100%
Tenancy Single
Brand/Tenant American Tire Depot
Lease Type Absolute NNN
Remaining Term 11
Rent Bumps Yes
Lease Options 3 5-year renewal options
Price per SqFt $487
Broker Co-Op Yes
Year Built 1972
Buildings 1
Stories 1
Lot Size (SqFt) 18,788
Parking Spaces spaces
Tenant Credit Corporate Guarantee
Ground Lease No

NNN Investment Opportunity | 4.50% CAP | 7,670 SF

Marketing description

Over 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.

Listing Contacts

JE
CA CA 01931224
CBRE LA
EM
CA Lic. 01358783
CBRE LA
Listed by CBRE LA

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$168,000.00
$14,000.00/mo

Valuation Metrics

0
DSCR
4.5%
Cap Rate
4.5%
ROI

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Additional Information

Name
Jenny Eng
License
CA 01931224
Brokerage
CBRE
Brokerage Phone
8189074606
Title
First Vice President
Brokerage Address
234 South Brand Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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