Lakewood America’s Tire Investment
For Sale
Contact for pricing
4771 Candlewood St, Lakewood, CA 90712
Single-tenant America’s Tire property with long-term lease.
Property Size8,688 SF
Price / SF$581.56
Days on Market187
Property Features for 4771 Candlewood St
General Information
Standard status
Active
Size
8,688 SF
Property subtype
Retail
Occupancy
100%
Net Operating Income
$240,000
Building Details
Buildings
1
Units
1
Listing Agency:
Northmarq Capital, LLC
Listed By:
BJ Feller · License #IL 471007951
Source:
Crexi
Added: Feb 4
Changed: Aug 8
Last Checked: Aug 8 at 6:44AM
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 Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire a single-tenant America’s Tire property, situated at 4771 Candlewood Street in Lakewood, California. The property features an 8,688-square-foot building. The tenant, operating under an Abs NNN ground lease structure, commenced operations in 2022 with a lease extending through December 31, 2037, and includes three additional five-year renewal options. The lease incorporates contractual 10 percent rental increases every five years, providing income growth over the remaining term and option periods. With nearly twelve years of lease term remaining, the property offers durable cash flow supported by a long-term lease structure and a nationally recognized operator. The property is suitable for service-oriented retail use.
Key Highlights
- Long‑term lease with America's Tire extending through December 31, 2037, providing stable cash flow.
- Abs NNN ground lease structure, simplifying management responsibilities.
- Contractual 10 percent rental increases every five years, offering built‑in income growth.
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
$192,218
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
3.80%
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%
$3,844,360
$3.8M
Cap Rate 7%
$2,745,971
$2.7M
Cap Rate 9%
$2,135,756
$2.1M
Market Conditions
NOI Build-Up for 8,688 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
$294.0K $33.84/SF
− Vacancy
−$19.4K −$2.23/SF
EGI
$274.6K $31.61/SF
− OpEx
−$82.4K −$9.48/SF
NOI
$192.2K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /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%
$3,844,360
Cap Rate 7%
$2,745,971
Cap Rate 9%
$2,135,756
Alternative Uses
Best Use
Retail
$2.75M
$2.40M – $3.20M
NOI $192,218 @ 7.0% cap · market cap 3.80%
Second Best
Industrial
$1.45M
$1.27M – $1.69M
NOI $101,529 @ 7.0% cap · market cap 2.01%
Theoretical Best
Office A
$4.65M
$4.07M – $5.43M
NOI $325,607 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,683
Businesses Nearby
742k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 31%
Shops & Services 18%
Apparel 15%
Dining 11%
Costco Wholesale
Superstores
233,300 visits/mo
0.2 miles
Costco Gasoline
Shops & Services
81,782 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
77,311 visits/mo
0.3 miles
JCPenney
Apparel
60,661 visits/mo
0.4 miles
Albertsons
Groceries
50,681 visits/mo
0.4 miles
Demographics for 90712, CA
32,332
Population
10,170
Households
3.2
Avg Household Size
40
Median Age
37%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
7,698
Density / Sq Mi
$119,246
Median Household Income
$59,395
Median Earnings
$2,302
Median Rent
$779,600
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
- Cruz Tires - Tire Repair Shop & Changing Service, Quality & Affordable New Tires in Lakewood CA — 4905 Bellflower Blvd, Lakewood, CA 90713
- LAKEWOOD 76 AUTO REPAIR INC — 4870 Bellflower Blvd, Lakewood, CA 90713
- Pep Boys — 5453 Del Amo Blvd, Lakewood, CA 90712
- Automatic Gates Motor Repairs — 4900 Castana Ave, Lakewood, CA 90712
- Dependable Electrical Repair — 4857 Whitewood Ave, Long Beach, CA 90808
Frequently Asked Questions
What type of property is this?
Auto shop - Single-tenant America’s Tire property with long-term lease.
Where is this auto shop located?
The property is located at 4771 Candlewood St Lakewood, CA.
What is the asking price?
The asking price for this property is $5,052,632.
What are key features of this property?
This property features: Long‑term lease with America's Tire extending through December 31, 2037, providing stable cash flow.; Abs NNN ground lease structure, simplifying management responsibilities.; Contractual 10 percent rental increases every five years, offering built‑in income growth.
