Big Brand Tire Absolute NNN Single Tenant Leased Investment

Nestled in the idyllic surroundings of South Lake Tahoe, the area surrounding the property provides an array of attractions and services for potential Industrial / Manufacturing investors. With the stunning Lake Tahoe just a short distance away, professionals can take advantage of outdoor activities such as fishing, boating, and hiking. The nearby Lake Tahoe Airport ensures convenient access for business travel and logistics. The vibrant downtown area offers an array of dining options, boutique shops, and entertainment venues, catering to locals and visitors alike. This location offers a perfect blend of natural beauty and urban amenities, making it an enticing investment opportunity for industrial and manufacturing enterprises in South Lake Tahoe.NAI Tahoe Sierra is pleased to present a prime single-tenant absolute NNN leased investment property in South Lake Tahoe, offered at a 6% cap rate. This property is leased to Big Brand Tire Company, which is in the second year of a twenty (20) year lease with annual rental increases of two percent (2%). Additionally, there are two (2) five-year (5) options to extend the lease. This lease requires no landlord management or maintenance responsibilities and includes a corporate guarantee from Big Brand Tire Company. Big Brand Tires has been in operation for over twenty (20) years at this proven location, demonstrating strong performance as an auto service provider in the region. The subject property comprises two contiguous parcels of land totaling approximately 18,730 square feet and includes a building of approximately 2,046 square feet. South Lake Tahoe is characterized by high barriers to entry, with new development being virtually non-existent. This provides substantial protection of investment, ensuring the long-term value and stability of the property.