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Auto Service - Gas-Conv

Christensen Automotive

1181 S Taylor St, Fallon, NV 89406

Listing Price: $2,300,000

Cap Rate
5.22%
Tenant Name
Christensen Automotive
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
3,075
Lease Type
Absolute Net
Rent Per Square Feet
$39.02

Investment Overview

Christensen Automotive is the only AAA Certified Location in Fallon. It also is designated a Napa Gold Auto Care center and is located on South Taylor Street in the heart of Fallon, Nevada. South Taylor Street is also known as Veterans Memorial Highway or State Route 95, a North-South thoroughfare which sees approximately 8,000 vehicles per day. Highway 50 is less than 0.7 miles to the North and takes you to Carson City and then over to Lake Tahoe by way of Spooner Summit. There are many major retail brands in the location to include Sinclair, Dairy Queen, Jack in the Box, Taco Bell, KFC, Safeway, Big 5, La Quinta, Motel 6, Holiday Inn, and more. The location is near Churchill County High School and Middle Schools. Major employers include and Fallon Naval Air Station and the DFA Milk Plant.

Investment Highlights

  • 20-Year Absolute NNN Lease with No Landlord Management or Maintenance Responsibilities
  • Two-Percent Annual Rent Increases
  • Well-Established and Expanding Franchisee with 13 Locations in Northern Nevada and the Las Vegas MSA
  • Near Naval Air Station Fallon Home of TOPGUN. NAS Fallon Recently Announced Expansion of the F-35 Program Bringing New Jobs to the Area

Exclusively Listed By

Auto Service - Gas-Conv

Christensen Automotive

Listing Price: $2,300,000

Cap Rate
5.22%
Tenant Name
Christensen Automotive
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
3,075
Lease Type
Absolute Net
Rent Per Square Feet
$39.02

Investment Highlights

  • 20-Year Absolute NNN Lease with No Landlord Management or Maintenance Responsibilities
  • Two-Percent Annual Rent Increases
  • Well-Established and Expanding Franchisee with 13 Locations in Northern Nevada and the Las Vegas MSA
  • Near Naval Air Station Fallon Home of TOPGUN. NAS Fallon Recently Announced Expansion of the F-35 Program Bringing New Jobs to the Area

Investment Overview

Christensen Automotive is the only AAA Certified Location in Fallon. It also is designated a Napa Gold Auto Care center and is located on South Taylor Street in the heart of Fallon, Nevada. South Taylor Street is also known as Veterans Memorial Highway or State Route 95, a North-South thoroughfare which sees approximately 8,000 vehicles per day. Highway 50 is less than 0.7 miles to the North and takes you to Carson City and then over to Lake Tahoe by way of Spooner Summit. There are many major retail brands in the location to include Sinclair, Dairy Queen, Jack in the Box, Taco Bell, KFC, Safeway, Big 5, La Quinta, Motel 6, Holiday Inn, and more. The location is near Churchill County High School and Middle Schools. Major employers include and Fallon Naval Air Station and the DFA Milk Plant.

Exclusively Listed By

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