Listed by Summit Real Estate
$5,100,000
Christian Brothers Automotive
Details
APN C 03 017H
Property Type Retail, Land
Sub Type Auto Shop
Square Footage 5,560
Cap Rate 6.00%
NOI $306,000
Occupancy 100%
Tenancy Single
Brand/Tenant Christian Brothers Automotive
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 5 x 10 Yrs
Price per SqFt $917
Class A
Year Built 2026
Acreage 1.240
Tenant Credit Corporate Guarantee
Ground Lease No
Long Term NNN Lease | Strong Corporate Guarantee | 1.5% Annual Rental Escalations Starting Year 6
Investment highlights
Long-Term Absolute Triple-Net Lease
Zero Landlord Responsibility
15-Year Primary Term with Options up to 65 Years
One and One-Half Percent Annual Rent Escalations Starting in Year 6
Strong Corporate Guarantee
Christian Brothers started in 1982, is Growing at 20-25 Locations per Year, Currently Has Over 325 Locations and Never Closed a Store
Situated near the intersection of Hog Mountain Rd and US 441, which sees over 35,000 Vehicles per Day
The Population Within a 5-Mile Radius is over 77,000 People
The Average Household Income is over $145,000 - Over 1.5x the National Average
Surrounding Retailers Include; Walmart Supercenter, Lowe’s, Kroger, Home Depot, Costco, Hobby Lobby, Harbor Freight, Marshalls, Best Buy, PetSmart, Chipotle and Many More
Listing Contacts
Listed by Summit Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$306,000.00
$25,500.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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Property History
Tax History
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