* High-Quality Auto Service Property – 100% leased to four tenants on NNN leases
* American Tire Depot is wholly owned by Big Brand Tire & Service, which operates 229 auto service locations across multiple states. Big Brand Tire & Service operates under the powerful backing of its parent company Percheron Capital—an equity firm managing over $850 million of committed capital. American Tire Depot is an exceptional long-term tenant—stable, proven and backed by an extremely strong and solid corporate guarantee on all leases. (Financials available with a signed NDA)
* NNN Leases – All tenants operate under NNN leases, with American Tire Depot on a 15-year NNN lease (expiring November 2036), providing an excellent low management, low hassle opportunity for passive investors
*Stable Tenancy – The property boasts stable tenancy with 4.87 years of weighted-average lease term remaining (WALT)
* High Identity, High Traffic Location – Ideal Pomona location offering excellent frontage along iconic Foothill Blvd (±23,479 CPD), the highest traffic east-west arterial in the area, and just one mile from the I-210 Freeway (±185,953 CPD)
* Low Rents – Property-wide, rent’s average just $1.69 PSF/month, increasing renewal probability and enhancing the property’s long-term embedded value
* Irreplaceable Real Estate – With its automotive uses and below replacement cost pricing, this property would be extremely difficult to develop with economics that make sense