This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Les Schwab Tires | New 15yr Corp Abs NNN 35964 Winchester Rd

5,000 SF Retail Building Winchester, CA 92596 $3,000,000 ($600/SF) 5% Cap Rate

Investment Highlights

  • Brand New 15-Year Lease | Corporate Signed | Scheduled Rental Increases | Brand New Construction
  • Signalized, Hard-Corner Intersection | Drive-Thru Equipped
  • Direct Residential Consumer Base | Six Figure Incomes |Strong Demographics in 5-Mile Trade Area
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Positioned Within French Valley Marketplace | Retail Corridor | Strong National/Credit Tenant Presence

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Les Schwab Tires investment property located in French Valley, California. The tenant, Les Schwab Tires recently signed a brand new 15-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is corporate signed and absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The building features state-of-the-art, brand new construction with modern amenities and design.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Year Built
2025
Construction Status
Under Construction
Price
$3,000,000
Price Per SF
$600
Cap Rate
5%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.26 AC
Zoning
GC - General Commercial
Parking
59 Spaces (11.8 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Les Schwab
  • Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Les Schwab Services 99,999 SF - Lorem Ipsum Jan 0000

Nearby Major Retailers

Grocery Outlet
Chase Bank
Denny's
Starbucks
Stater Bros.
Bank of America
Waba Grill
  • Listing ID: 34397855

  • Date on Market: 1/7/2025

  • Last Updated:

  • Address: 35964 Winchester Rd, Winchester, CA 92596

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}