Les Schwab 3800 Alhambra Ave 19,784 SF Retail Building Martinez, CA 94553 $5,473,000 ($276.64/SF) 5.50% Cap Rate

* Brand New, Long-Term NNN Lease – Les Schwab proposes a 20-year NNN lease with 6 additional 5-year renewal options, demonstrating the tenant’s strong commitment to this location while offering the most secure form of real estate investment
* Les Schwab Tires is one of the largest independent tire dealers in the US, with +500 locations across the Western US and +7,000 employees. Generating more than $2B in annual revenue

* Scheduled Rental Increases – The lease implements 10% rental increases every 5 years, an attractive investment attribute providing significant income growth and a strong hedge against inflation

* Remarkable Placer.ai Data – According to Placer.ai location intelligence, this site shows in the top 30% for national Les Schwab in-store visits, boasting 20 years of outstanding performance with top-notch customer reviews and a loyal client base

* Limited Future Competition – A geographically constrained and dense trade area, bordered by the Carquinez Strait to the North and the Briones Regional Park to the West, restricts sites for future development, creating high barriers to entry and preserving the area’s long-term growth and economic stability

* Targeted Location with Convenient Accessibility – Les Schwab is accessible from Alhambra Ave (±24,600 CPD) with immediate access to John Muir Pkwy (±55,400 CPD), allowing for convenient and consistent traffic to the site