2614 Sussex Ave South Lake Tahoe, CA 96150
Sponsored
6% Cap Rate, NNN Leased, 20-Year Term
Property size:
2,046 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 398
Property Features for 2614 Sussex Ave
General Information
- Property type
- Manufacturing properties
- Square Feet
- 2,046 SF
- Class
- B
Building Details
- Year Built
- 1973
- Units
- 1
HighLights
- 6% Cap Rate, Single‑Tenant NNN Property in South Lake Tahoe.
- 20‑Year Lease to Big Brand Tire, 2% Annual Increases, Two 5‑Year Options.
- Absolute NNN Lease; No Landlord Responsibilities.
- Established Tenant with 20+ Years of Successful Operation.
- Corporate Guarantee from Big Brand Tire.
- Strong Market Stability with High Barriers to Entry in South Lake Tahoe.
Property Profile
Location Intelligence
Current Use by Public Records
Big Brand Tire ...
Tire Shop
Location Insight
- Map
- Local Demand
- City
- South Lake Tahoe
- County
- El Dorado
- State
- California
- Longitude
- -119.98422366309
- Latitude
- 38.927353489359
Nearby Similar for Sale
FAQs
What type of property is this?
Manufacturing property - 6% Cap Rate, NNN Leased, 20-Year Term
Where is this manufacturing 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 $2,142,000.
What are key features of this property?
This property features: 6% Cap Rate, Single-Tenant NNN Property in South Lake Tahoe.; 20-Year Lease to Big Brand Tire, 2% Annual Increases, Two 5-Year Options.; Absolute NNN Lease; No Landlord Responsibilities.
