The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present the exclusive offering of two trophy automotive dealership properties leased to Penske Automotive Group, Inc. (NYSE: PAG), strategically located in the prestigious Santa Ana Auto Mall in Orange County, California. The Volkswagen and Audi assets may be purchased together or separately, offering flexibility for a wide range of investor profiles. Penske recently exercised one of four (5-Year) Options for each location. Both properties are 100% NNN leased through December 31, 2029, with three (3) five-year renewal options, with non-cumulative CPI increases every 5 Years capped at 12.50%, delivering stable, long-term cash flow backed by a corporately guaranteed lease from one of the nation’s leading auto retailers. In the first year of ownership, investors may realize substantial tax advantages through a strategic cost segregation approach. By leveraging both 100% bonus depreciation and straight-line depreciation methods, the property could generate between $8,323,864 and $10,377,969 in potential tax shelter. These benefits significantly enhance the after-tax return profile for investors. For a detailed breakdown of these projections, please refer to the Cost Segregation Study included in the Financial Analysis section. Penske Automotive Group is a publicly traded company with a BB+ S&P credit rating and a market capitalization of approximately $11.53 billion. As the second-largest auto retailer in the U.S. by revenue, Penske’s financial strength and operational scale provide exceptional tenant security. Strategically located with direct access to the 55 Freeway via Edinger Avenue, the properties benefit from premier visibility and strong traffic counts, making them highly desirable for automotive retail. Penske has demonstrated a long-term commitment to the Santa Ana Auto Mall, owning and operating multiple dealerships including Audi, BMW, VW, Mini, and Saab. The company has invested over $70 million in capital improvements across its Santa Ana portfolio, including a $7 million redevelopment of the Audi site in 2010, which enhanced asset value and minimized relocation risk. Both properties are situated within the Santa Ana Enterprise Zone, offering valuable tax incentives for businesses and employees, further strengthening their investment appeal.This offering represents a rare opportunity to acquire one or both trophy assets with strong credit tenancy, an irreplaceable location, significant capital investment, and alignment with globally recognized automotive brands positioned for continued growth.