Listed by CBRE LA
$2,727,273
5262 N Blackstone Ave
Details
APN 418-060-20
Property Type Retail
Sub Type Auto Shop
Square Footage 15,503
Units 2
Cap Rate 5.94%
NOI $162,000
Occupancy 50%
Tenancy Multi
Brand/Tenant American Tire Depot
Lease Type Absolute NNN
Remaining Term 12
Rent Bumps Yes
Lease Options 4
Pro-Forma Cap Rate 5.94%
Pro-Forma NOI $162,000
Price per SqFt $176
Year Built 1973
Buildings 1
Lot Size (SqFt) 43,996
Zoning Regional Mixed-Use (RMX)
Investment Type Net Lease
Ground Lease No
MULTI-TENANT AUTO-USE CENTER ANCHORED BY ATD | ATD 10% Increase Dec 2026
Marketing description
Absolute NNN Investment Opportunity for a multi-tenant retail property with American Tire Depot as the anchor tenant. The additional retail space is currently vacant totaling 7,015 square feet and can be divided into 2 separate spaces.
American Tire Depot has a 10% rent increase in December 2026 and then 10% increase vs FMV in December 2031. The lease term has 12 years remaining. In addition, the lease has 4 options with three being 4-years and one 4-year.
Investment highlights
AMERICAN TIRE DEPOT 10% INCREASE DEC 2026
MULTI-TENANT AUTO-USE CENTER ANCHORED BY ATD
ATD: 10% VERSUS FMV DEC 2031
HIGHLY VISIBLE LOCATION
Listing Contacts
Listed by CBRE LA
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$162,000.00
$13,500.00/mo
Valuation Metrics
0
DSCR
5.94%
Cap Rate
5.94%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
