1787 Hamner Ave Norco, CA 92860-2944
This exceptional investment opportunity presents a 5,429 square foot Tire Choice Auto Service Center, situated on a 0.78-acre lot at 1787 Hamner Ave, Norco, CA 92860. The property boasts a strong 6.00% cap rate and a substantial net operating income (NOI) of $145,200. Currently operating under a triple-net (NNN) lease with a corporate guarantee from a major national automotive service provider, this single-tenant property offers significant financial stability. The lease, originally signed on July 31, 2015, has a remaining term of 7.5 years, extending to May 31, 2032, with two, five-year renewal options. The tenant is responsible for half of capital expenditures exceeding $5,000. The property includes 19 parking spaces and benefits from its location on a primary retail corridor in a thriving Inland Empire submarket. With a 100% occupancy rate and a proven 23+ year operating history as a tire dealership and service center, this asset represents a secure and lucrative investment opportunity. The building is a single-story structure. This is a corporate net lease investment with a strong tenant and a long lease term, offering a compelling return on investment.
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Norco Tires & Service (Bike/Boat/Book/etc) Store Auto Parts Store
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Tire Choice Auto Service Centers (Bike/Boat/Book/etc) Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.