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10976 Hole Ave
Riverside, CA 92505
Allen Tire Company | Low Price/Foot · Retail Property For Sale
Investment Highlights
- Single-Tenant Net Lease Tire Shop Portfolio (Located in the Riverside-San Bernardino-Ontario MSA)
- Below Market Rental Rates ($19/sf Market Rental Rate per CoStar, Rent is Currently at $14.89/sf)
- Monro Acquired the Former Operator in Dec. 2020 (Publicly Traded Tenant | NASDAQ: MNRO, Formerly Allen Tire Company)
- High Barrier of Entry for Auto Repair Businesses (Grandfathered in Locations)
- Low Price per Foot Basis (Priced Under $250/Ft)
- Historical Occupancy | Market Dominance (Locations have been in business for 40+ Years)
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,030 SF
Building Class
C
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.31 AC
Zoning
C3
Parking
15 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 146-253-034 | Improvements Assessment | $710,282 |
| Land Assessment | $227,979 | Total Assessment | $938,261 |
Property Taxes
Parcel Number
146-253-034
Land Assessment
$227,979
Improvements Assessment
$710,282
Total Assessment
$938,261
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