Skip to main content

Auto Parts

Big Brand Tire

5333 White Ln, Bakersfield, CA 93307

Listing Price: $4,660,140

Cap Rate
5.00%
Tenant Name
Big Brand Tire & Service
Years Remaining On Lease
20.0
Gross SF
11,929
Guarantor
Corporate Guarantee
Rentable SF
11,929
Price/Gross SF
$390.66
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.53

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Big Brand Tire & Service located at 5333 White Lane, Bakersfield, California. The site consists of roughly 11,929 rentable square feet of building space on an estimated 0.97-acre parcel of land. This Big Brand Tire & Service is subject to a 20-year absolute triple net lease, which commences upon the close of escrow. The base rent will be $233,007 and will increase by two percent annually starting in year two and continuing throughout the base term and into each of the four, five-year tenant renewal option periods.

Investment Highlights

  • Long Term 20-Year Sale-Leaseback
  • Absolute Triple Net Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases of Two Percent Every Year
  • Four Tenant Renewal Periods of Five Years Each

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Jim Markel

    First Vice President/Regional Manager

    (818) 212-2700

    License(s) CA: 01253407

    California

Financing By

Listing Price: $4,660,140

Cap Rate
5.00%
Tenant Name
Big Brand Tire & Service
Years Remaining On Lease
20.0
Gross SF
11,929
Guarantor
Corporate Guarantee
Rentable SF
11,929
Price/Gross SF
$390.66
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.53

Investment Highlights

  • Long Term 20-Year Sale-Leaseback
  • Absolute Triple Net Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases of Two Percent Every Year
  • Four Tenant Renewal Periods of Five Years Each

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Big Brand Tire & Service located at 5333 White Lane, Bakersfield, California. The site consists of roughly 11,929 rentable square feet of building space on an estimated 0.97-acre parcel of land. This Big Brand Tire & Service is subject to a 20-year absolute triple net lease, which commences upon the close of escrow. The base rent will be $233,007 and will increase by two percent annually starting in year two and continuing throughout the base term and into each of the four, five-year tenant renewal option periods.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Jim Markel

    First Vice President/Regional Manager

    (818) 212-2700

    License(s): CA: 01253407

    California

Financing By

MM Texture Background
MM Textured Background Lower