Published on: Wednesday, March 12, 2025
Updated on: Wednesday, March 12, 2025
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About the Lister
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Name: Jack Cornell
Company: SRS Real State Partners
Office Phone: (801) 410-1621
Cell Phone: (801) 410-1621
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Financing  Business  Material
  French Valley (Winchester), CA - Les Schwab Tires
35964 Winchester Rd Winchester California , 92596
35964 Winchester Rd Winchester California                                                                                          , 92596  SRS Real State Partners
Listing ID: CL-California-14542

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 5
Net Operating Income: $150,000.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-California-14542
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2025
Building Size: 5,000.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: 59
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Listing 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.
Complete Details
Year Build: 2025
Building Size: 5,000 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: 59
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

Description

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.

Location

The property is located near the signalized, hard corner intersection of Winchester Rd and Thompson Rd with a combined (33,700 VPD). Winchester Rd, is a major retail thoroughfare serving the city of French Valley. Furthermore, Les Schwab Tires is ideally situated within French Valley Marketplace, a 20-acre, brand new shopping center featuring other national/credit tenants such as Grocery Outlet, McDonald’s, EoS Fitness, AutoZone, Chipotle, and 7-Eleven. Other nearby retail centers include grocery anchored French Valley Village Center (118,600 SF), French Valley Commons (38,300 SF), and French Valley Crossings (69,000 SF / In Development). Winchester Road (28,500 VPD) is the primary retail corridor serving the trade area, with other nearby national/credit tenants including Stater Bros. Market, CVS Pharmacy, O’Reilly Auto Parts, Dollar Tree, Crunch Fitness, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the property. Moreover, the site is between two prominent apartment complexes, Pacific Landing Luxury Apartments (325 units) and Dakota Apartments (174 units), providing a direct consumer base from which to draw. The 5-mile trade area is supported by more than 159,600 residents and 24,400 daytime employees. Residents within 3 miles of the subject property boast an affluent average household income of $150,537.
Additional Properties
Property 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
Features
  • Lot Size: 1.26 AC
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2025
$0.00
$0.00
$0.00
$150,000.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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1275 N. Hill Field Road , Layton Utah                                                                                                 84041
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17550 Hwy 19 , New London Missouri                                                                                             63459
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1834 W. Grant Street , Phoenix Arizona                                                                                              85007
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4315 Pickett Rd , Saint Joseph Missouri                                                                                             64503