We are pleased to present the opportunity to acquire a single-tenant, absolute NNN retail asset leased to Big O Tires, a well-established national automotive brand backed by TBC Corporation. The property is strategically positioned next to the hard corner, signalized intersection of Valley View Avenue and Rosecrans Avenue in La Mirada (Los Angeles), CA. This is a high-visibility corner on major north-south and east-west thoroughfares with combined traffic counts exceeding 58,752 vehicles per day.
The lease features 7 years of firm term remaining, is corporate guaranteed, and operates under a true absolute NNN structure, offering investors zero landlord responsibilities and passive, reliable income.
Importantly, the current rental rate is significantly below market, providing a compelling value-add opportunity at lease expiration or renewal. Investors benefit from secure income today and future repositioning or mark-to-market upside in a dense, infill Los Angeles County trade area near Interstate-5 (168,000 VPD).
The property is surrounded by top-tier national retailers including Albertsons, Walmart Neighborhood Market, Stater Bros, Planet Fitness, 24 Hour Fitness, InN-Out, Chick-fil-A, McDonald’s, Wendy’s, CVS, AutoZone, O’Reilly, Raising Cane’s, Starbucks, Wells Fargo, Chase Bank, and Lowe’s – creating a stable and high-traffic retail environment. Located in a high-barrier-to-entry, supply-constrained market, this offering provides an ideal opportunity to acquire a fee-simple, long-term net lease investment with a recession-resistant tenant in one of Southern California’s most established retail corridors.