NNN Leased Automotive Retail
For Sale
Contact for pricing
19511 VENTURA BLVD, Tarzana, CA 91356
Long-term NNN leased automotive retail asset in Tarzana, CA.
Property Size5,172 SF
Price / SF$699.54
Days on Market111
Property Features for 19511 VENTURA BLVD
General Information
Standard status
Active
Size
5,172 SF
Property subtype
Retail
Occupancy
100%
Net Operating Income
$183,795
Building Details
Year Built
1952
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
CBRE LA
(239) 631-8788
Listed By:
Jenny Eng · License #CA 01931224
Source:
Crexi
Added: May 11
Changed: Aug 21
Last Checked: Aug 26 at 7:38PM
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 CBRE LA
Investment Insights
Based on property information with market context.
This offering presents an opportunity to acquire a long-term NNN leased automotive retail asset. The property is backed by a corporate guarantee from American Tire Depot, wholly owned by Big Brand Tire & Service and supported by Percheron Capital. It delivers passive income with approximately 12 years of lease term remaining. Located in a high-demand California trade area at 19511 Ventura Blvd, Tarzana, CA 91356, the property is positioned along a major commercial corridor with exceptional visibility and access. Investment highlights include an absolute or strong NNN lease structure, contractual 10% rent increases beginning December 2026, and future fair market rent adjustment potential in 2031. The property combines institutional-quality tenancy, built-in rental growth, and future disposition flexibility for investors seeking stable cash flow and long-term upside. The Property Size is 5172 square feet and the List Price is 3618000.
Key Highlights
- Long‑term NNN leases with approximately 12 years remaining offering durable passive income.
- Backed by a strong corporate guarantee from American Tire Depot.
- Located in high‑demand California trade areas with exceptional visibility and access.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$120,028
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,400,560
$2.4M
Cap Rate 7%
$1,714,686
$1.7M
Cap Rate 9%
$1,333,644
$1.3M
Market Conditions
NOI Build-Up for 5,172 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$191.2K $36.96/SF
− Vacancy
−$19.7K −$3.81/SF
EGI
$171.5K $33.15/SF
− OpEx
−$51.4K −$9.95/SF
NOI
$120.0K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,400,560
Cap Rate 7%
$1,714,686
Cap Rate 9%
$1,333,644
Alternative Uses
Best Use
Retail
$1.71M
$1.50M – $2.00M
NOI $120,028 @ 7.0% cap · market cap 3.32%
Second Best
Industrial
$917.9K
$803.1K – $1.07M
NOI $64,250 @ 7.0% cap · market cap 1.78%
Theoretical Best
Multifamily LT 5
$104.78M
$91.68M – $122.25M
NOI $7,334,713 @ 7.0% cap · market cap 202.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,932
Businesses Nearby
78k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 48%
Home Improvements & Furnishings 1%
United Oil
Shops & Services
23,490 visits/mo
0.3 miles
Starbucks
Dining
17,618 visits/mo
0.1 miles
El Pollo Loco
Dining
11,555 visits/mo
0.4 miles
7-Eleven
Shops & Services
9,010 visits/mo
0.3 miles
Jersey Mike's Subs
Dining
5,623 visits/mo
0.1 miles
Demographics for 91356, CA
30,664
Population
12,715
Households
2.4
Avg Household Size
43
Median Age
56%
College-Educated
94%
High-School Grad
7.3 sq mi
ZIP Area
4,201
Density / Sq Mi
$110,094
Median Household Income
$60,504
Median Earnings
$2,027
Median Rent
$1,177,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Automotive property - Long-term NNN leased automotive retail asset in Tarzana, CA.
Where is this automotive property located?
The property is located at 19511 VENTURA BLVD Tarzana, CA.
What is the asking price?
The asking price for this property is $3,618,000.
What are key features of this property?
This property features: Long‑term NNN leases with approximately 12 years remaining offering durable passive income.; Backed by a strong corporate guarantee from American Tire Depot.; Located in high‑demand California trade areas with exceptional visibility and access.
