Big Brand Tire NNN Single Tenant Leased Investment

Investment Overview

NAI Tahoe Sierra is pleased to offer for sale the fee-simple interest in 2606 and 2614 Sussex Avenue in South Lake Tahoe, California. The property is leased to Big Brand Tire & Service under a long-term lease extending through October 31, 2042, with two additional five-year extension options. The lease provides for 2% annual rent increases and requires the tenant to pay real estate taxes, utilities, building insurance, snow removal, grounds maintenance, and most property repairs and operating expenses. The offering includes two contiguous parcels totaling approximately 0.43 acres, a ±2,046 square foot automotive service building, and approximately 22 striped parking spaces. The landlord’s obligations are primarily limited to structural components and specified capital replacements, providing an investor with stable long-term income and limited ongoing management responsibilities.

Investment Highlights

• Long-term lease through October 31, 2042
• Two additional five-year tenant extension options
• 2% annual increases in base rent
• Tenant pays real estate taxes, utilities and building insurance
• Tenant responsible for snow removal, grounds and routine maintenance
• Landlord obligations primarily limited to structure and major capital replacements
• ±2,046 SF automotive service building
• Two contiguous parcels totaling approximately ±0.43 acres
• Approximately 22 striped parking spaces
• Established Big Brand Tire & Service operating location