Property History
The property is subject to an absolute NNN lease with Momentum Auto Group, one of the highest volume private dealership groups in Northern California The lease is backed by Momentum corporate and also has two personal guarantees, one from the principal of Momentum as well as another from the former operator of the dealership group. The asset is 22,334 square-feet and located in Vallejo, California
The landlord is responsible for foundation and underground facilities, Tenant is responsible for all other costs associated with the property and has the right of first refusal. Since 2012, the property has received several physical upgrades and renovations. The dealership benefits from traffic and visibility from State Highway 37 and 29. It is also near many national retailers including Denny’s, ACE Hardware, Bank of the West, and Security Public Storage.
- Absolute NNN Leased Offering
- 100% Fee Simple Interest
- Minimal Landlord Obligations
- Heavily Trafficked Location
- Extremely Rare Multiple Personal Guarantees
- Property Has Received Several Renovations Since 2012
- Tenant Is Owner Of Over 10 Auto Dealerships
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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