Contacts
Pat Weibel
SRS Real Estate Partners
Property Details
- Property Type Retail
- Property Size 35,616 SF
- Additional Rent Contact for pricing
- Date Updated Nov 4, 2024
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, freestanding, investment grade, Tesla Sales, Service, and Delivery Center (SSD) investment property located in Irvine, CA (Los Angeles MSA). The tenant, Tesla, Inc. (dba Tesla Motors, Inc.), recently signed a brand new 10-year lease with 2 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features rare, above market 3.50% annual rental increases throughout the initial term and options with a FMV increase at the beginning of option 2. The lease is signed by the corporate entity (S&P: BBB) and is NNN leased with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. Tesla is one of the world’s most valuable companies and remains the world’s most valuable automaker.
Telsa is strategically located at the hard corner intersection of Red Hill Avenue and Mitchell South, averaging over 38,000 vehicles passing by daily. The property also benefits from nearby access onto State Highway 55 (316,000 VPD), State Highway 73 (194,000 VPD), and Interstate 405 (296,000 VPD).
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
-
50/100
Walk Score ®
-
41/100
Transit Score ®
-
60/100
Bike Score ®
Location
- City Irvine, CA
- Neighborhood Irvine Business Complex
- Zip Code 92614
- Market Orange County
Points of Interest
-
Tustin
3.53 miles
-
Tustin Metrolink Station
3.53 miles
-
Orange
6.79 miles
-
Irvine
7.86 miles
-
Anaheim Regional Transportation Intermodal Center
7.87 miles
-
Sunset Boulevard Stop
8.63 miles
-
Hollywood East Stop
8.65 miles
-
Carthay Circle Stop
8.68 miles
-
Buena Vista Street Stop
8.73 miles
-
Main Street Station
8.83 miles
-
Mobil
0.53 miles
-
Chevron
0.54 miles
-
Irvine - Main Street Supercharger
0.81 miles
-
ChargePoint
1.16 miles
-
Arco
1.20 miles
-
EVgo
1.40 miles
-
7-Eleven
1.44 miles
-
Electrify America Fast Charging Station - Target Santa Ana, CA
1.59 miles
-
Irvine - Michelson Drive Supercharger
1.65 miles
-
76
1.70 miles
-
John Wayne Airport long-term parking
0.31 miles
-
24 Hour Fitness, roof parking
0.89 miles
-
Von Karman Towers Parking Structure
1.01 miles
-
Center Tower Parking Structure
1.07 miles
-
PLaza Tower Parking Structure
1.08 miles
-
Valet Parking
1.12 miles
-
Park Center Parking Structure
1.17 miles
-
Irvine Marriott Parking Structure
1.24 miles
-
Irvine Towers Parking Structure
1.25 miles
-
Cell Phone Waiting Lot
1.30 miles
-
Twisted Noodle Express
0.54 miles
-
McDonald's
0.54 miles
-
Flame Broiler
0.54 miles
-
Cluck Kitchen
0.55 miles
-
Carl's Jr.
0.58 miles
-
Agora Churrascaria
0.58 miles
-
Masala Craft
0.60 miles
-
Gokumi
0.61 miles
-
Little Pan
0.61 miles
-
949 Grill And Pot Lounge
0.61 miles
-
Mitsuwa
1.33 miles
-
Sears
1.37 miles
-
Trader Joe's
1.38 miles
-
Ross
1.40 miles
-
Bloomingdale's
1.41 miles
-
TJ Maxx
1.41 miles
-
Vons
1.43 miles
-
South Coast Plaza
1.43 miles
-
Nordstrom
1.50 miles
-
Saks Fifth Avenue
1.51 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Pat Weibel
SRS Real Estate Partners
