America's Tires

Investment Overview

Newmark is pleased to offer the fee interest in the America’s Tire pad at 47th Street Pavilion, a 7,000 sf building on approximately 2.2 acres in Palmdale, California. The Property is leased to America’s Tire, under an initial 20-year ground lease that commenced in July 2013, with fixed increases every five years and seven five-year extension options.

Investment Highlights

• Absolute NNN Ground Lease. Tenant executed a 20-year ground lease in 2013. Lease is absolute NNN with no landlord responsibilities, providing hands-off management.
• Stable Income Stream with Fixed Increase: Tenant has occupied this location since 2013, with this location ranking 5th out of 120 locations nationally.
• Strong Placer.ai Metrics. This location saw over 120,000 visits over the previous 12-months, ranking it 5/120 nationally and 1st in the Antelope Valley.
• Notable Discount Tire operator. The tenant trades as America’s Tire or Discount Tire, a privately held retailer with more than 1,200 stores in 39 states, headquartered in Scottsdale, Arizona.
• Premier Power Center Pad. The pad preeminently sits within 47th Street Pavilion, which drew 6.5 million visits in 2025. Anchor tenants include the areas only Super Target, high volume Home Depot, Ross, dd’s, PetSmart, and tremendous line-up of QSR tenants such as Chipotle, Starbucks, Burger King, El Pollo Loco, Yoshinoya, and Dave’s Hot Chicken.
• Ideal 1031 Exchange Opportunity: Deal size, absolute NNN lease structure, and operating history, provides investors with certainty and stability.