NNN SYNFAST OIL CHANGE TRUSTEE SALE 3603 Rosemead Boulevard Rosemead, CA No Court Approval Required C O R E Y I. S P O U N D Lic # 01142655 [E] corey@tamarackres.com [P] (818) 464-3215 [A] 15300 Ventura Boulevard, Suite 200 Sherman Oaks, CA 91403
Rosemead Blvd (20,600 VPD) EXTREMELY DENSE INFILL LOCATION ACROSS THE STREET FROM A MAJOR TARGET, BED BATH & BEYOND, ROSS, PETSMART, & ULTA ANCHORED SHOPPING CENTER SUBJECT PROPERTY
MAJOR STREET FRONTAGE AND VISIBILITY @ NWC OF ROSEMEAD AND 10 FREEWAY ONRAMP ROSEMEAD PLACE SITUATED AT A SIGNALIZED HARD CORNER ADJACENT TO THE ON/OFF RAMP OF THE I-10 FREEWAY
INVESTMENT SUMMARY PURCHASE PRICE CAP $2,000,000 4.61% ANNUAL NOI (YEAR 1) $92,250/year TERM REMAINING 3.5 years initial (Exp. 10/31/2021) (3) five-year options RENTAL INCREASES 2.5% annual in primary term 3.0% annual in option periods LEASE TYPE NNN LOT SIZE 8,710 SF / 0.2 acres PROPERTY ADDRESS 3603 Rosemead Boulevard Rosemead, CA YEAR BUILT 1983 TENANT GUARANTOR SynFast Corporate + PG
INVESTMENT HIGHLIGHTS NO MAINTENANCE ABSOLUTE NNN LEASE The lease is structured as a NNN lease providing the landlord with no maintenance responsibilities. DENSE INFILL, HARD CORNER LOCATION The property is located in a dense infill neighborhood of the Los Angeles MSA. There are approximately 55,000 people within a 3 mile radius. The property is 13 miles from downtown Los Angeles. ADJACENT TO MAJOR RETAIL The property sits across from the entrance to a major regional shopping center anchored by Target, Bed Bath & Beyond, Ross, PetSmart & Ulta. SITUATED AT ON/OFF RAMP TO I-10 Situated at the intersection of Rosemead Blvd. and the on/offramps to I-10, the major east/west Freeway in the Los Angeles metro. This provides tremendous access and visibility for the tenant. HIGH BARRIER TO ENTRY MARKET ATTRACTIVE ANNUAL RENTAL INCREASES The lease has contractual rental increases of 2.5% for the remainder of the primary term. In the option periods the rental increases are set at 3.0% with a FMV reset in the second option. CORPORATE LEASE The tenant, SynFast Oil Change, is the corporate entity for 30 location in Southern California. Trustee Sale No court confirmation required.
ABOUT THE TENANT SynFast Oil Change centers offer a full array of preventive services to help keep your car running at peak performance. We want to be your comprehensive preventive maintenance partner. If you drive with frequent short trips and frequent stops, we usually recommend an oil change and maintenance check every 3 months or 3,000 miles, whichever comes first, depending on your manufacturer s recommendations. A fullservice oil change from your SynFast Oil Change center includes up to 5 quarts of Castrol Oil, a new Premium oil filter, and vehicle lubrication of chassis components according to manufacturer s specifications. Some vehicles do not require chassis lubrication. At the same time, we also perform a complete 25 point preventive maintenance check. SynFast Oil Change Services ROUTINE MAINTENANCE 30k / 60k / 90k Mile Service Radiator/Coolant Service Power Steering Service Differential Services Serpentine Belts MECHANICAL REPAIR Brake Inspection & Service Alternators & Starters Water Pumps Fuel Pumps CV Axles Transmission Service Cabin Air Filters CONVENTIONAL & SYNTHETIC OIL CHANGES Full Service Oil Change COMFORT Air Conditioning System Recharge SAFETY Interstate Battery Service Tire Rotation Wiper Blades Headlights & Lightbulbs PERFORMANCE Engine Air Filter Fuel Filter Fuel Injection Services Check Engine Light Diagnostic Engine Tune-ups
3603 Rosemead Boulevard Rosemead, CA 91770 1405 Sepulveda Boulevard Manhattan Beach, CA 90266 17175 Colima Road Hacienda Heights, CA 91745 2378 E. Thousand Oaks Boulevard Thousand Oaks, CA 91362 525 N. Glendale Avenue Glendale, CA 91026 29519 S. Western Avenue Rancho Palos Verdes, CA 90732 127 S. El Camino Real Encinitas, CA 92024 1556 East H Street Chula Vista, CA 91913 899 East H Street Chula Vista, CA 91910 74180 Highway 111 Palm Desert, CA 92260 1407 Columbus Street Bakersfield, CA 93308 2821 N. Chester Avenue Bakersfield, CA 93308 3615 W. Florida Avenue Hemet, CA 92545 243 Sycamore Avenue Vista, CA 92083 1699 Mesquite Avenue Havasu City, AZ 86403 8675 Navajo Road San Diego, CA 92119 1905 Grand Avenue San Diego, CA 92109 4805 W. Point Loma Boulevard San Diego, CA 92107 2002 Garnet Avenue San Diego, CA 92109 8336 Mira Mesa Boulevard San Diego, CA 92126 9470 Mira Mesa Boulevard San Diego, CA 92126 3760 Gaines Street San Diego, CA 92110 16410 Bernado Center Drive San Diego, CA 92128 6395 Balboa Avenue San Diego, CA 92111 6914 Miramar Road San Diego, CA 92121 610 N. 2 nd Street El Cajon, CA 91921 2926 Jamacha Road El Cajon, CA 92019 645 Mission Avenue Escondido, CA 92025 2109 E. Valley Parkway Escondido, CA 92027 649 N. Broadway Escondido, CA 92025 SynFast Oil Change 30 Locations
NNN SynFast Oil Change 3603 Rosemead Boulevard Rosemead, CA - Core location in a dense infill retail trade area - 5-year initial term + three 5-year options - Located right off I-10 at a signalized hard corner - 2.50% Annual increases (3.0% in options) - Corporate location
Property Highlights Excellent trade opportunity & Hands-free NNN lease 2,250 SF on 8,710 SF of land Excellent visibility and access from Rosemead Boulevard and 10 Freeway (206K cars per day) Location, location, location Located at corner of signalized intersection of Rosemead Boulevard and Glendon Way Across from Rosemead Place (Target, Bed, Bath & Beyond, LA Fitness, Starbucks, Chipotle, The Habit) Population over 600,000 within a 5 mile radius
C O R E Y I. S P O U N D Lic # 01142655 [E] corey@tamarackres.com [P] (818) 464-3215 [A] 15300 Ventura Boulevard, Suite 200 Sherman Oaks, CA 91403
C O R E Y I. S P O U N D Lic # 01142655 [E] corey@tamarackres.com [P] (818) 464-3215 [A] 15300 Ventura Boulevard, Suite 200 Sherman Oaks, CA 91403