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- LoopNet Team
603 San Fernando Rd
San Fernando, CA 91340
Single Tenant NNN Ganas Auto · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
ABOUT 603 SAN FERNANDO RD , SAN FERNANDO, CA 91340
Pegasus Investments, as exclusive investment sale advisor to Seller, is pleased to offer the opportunity to acquire a single tenant 100% triple net leased Ganas Auto dealership. Specializing in buying, selling, trading and financing pre-owned vehicles in Hispanic markets throughout the United States, Ganas is often compared to CarMax. The property is strategically located within the automotive sale and service corridor of San Fernando, a densely-populated city within Los Angeles with a 3-mile population density of 237k and a 5-mile density of nearly a half million people. The lease, which features a very landlord favorable fair market value option in November 2020, is signed by Tricolor Auto Group, LLC. The majority equity investor in Ganas Auto is Investar, a prominent Dallas-based private equity firm headed by the former CEO of Soriana, the 2nd largest Mexican retailer with annual sales exceeding $12 billion.
PROPERTY TAXES
| Parcel Number | 2522-034-016 | Improvements Assessment | $2,788,175 |
| Land Assessment | $1,084,286 | Total Assessment | $3,872,461 |
PROPERTY TAXES
