NNN Leased Investment
For Sale
$1,981,000
2614 Sussex Ave, South Lake Tahoe, CA 96150
Single-tenant NNN leased property with long-term lease and corporate guarantee.
Property SizeContact for details
Days on Market176
Property Features for 2614 Sussex Ave
General Information
Standard status
Active
Property subtype
Big Brand Tire Corporate Guarantied Single Tenant NNN Leased Investment
Listing Agency:
NAI Tahoe Sierra
(530) 525-2304
Listed By:
Scott Fair · License #CalDRE #01761504
(530) 525-2304
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 29 at 7:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Tahoe Sierra
Investment Insights
Based on property information with market context.
This single-tenant NNN leased investment property is located in South Lake Tahoe. The property is leased to Big Brand Tire Company, which is in the third year of a twenty-year lease. The lease includes annual rental increases of two percent. There are two five-year options to extend the lease. The lease requires no landlord management or maintenance responsibilities. Big Brand Tires has operated successfully for over 20 years at this location. The lease includes a corporate guarantee from Big Brand Tire Company. High barriers to entry and virtually non-existent new development in South Lake Tahoe provide significant protection of investment. The property is offered at a 6.75% cap rate.
Key Highlights
- Long‑term, single‑tenant NNN lease with Big Brand Tire Company for stable income.
- Attractive 6.75% cap rate, a strong return on investment.
- 20‑year lease with 2% annual rental increases, providing built‑in income growth.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
34k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 47%
Taco Bell
Dining
10,147 visits/mo
0.2 miles
7-Eleven
Shops & Services
6,964 visits/mo
0.0 miles
Jack in the Box
Dining
5,847 visits/mo
0.1 miles
AutoZone
Shops & Services
5,108 visits/mo
0.1 miles
Shell
Shops & Services
4,618 visits/mo
0.2 miles
Demographics for 96150, CA
29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Enterprise Rent-A-Car — 2281 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
Frequently Asked Questions
What type of property is this?
Automotive property - Single-tenant NNN leased property with long-term lease and corporate guarantee.
Where is this automotive property located?
The property is located at 2614 Sussex Ave South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $1,981,000.
What are key features of this property?
This property features: Long‑term, single‑tenant NNN lease with Big Brand Tire Company for stable income.; Attractive 6.75% cap rate, a strong return on investment.; 20‑year lease with 2% annual rental increases, providing built‑in income growth.
