TROPHY AUTO DEALERSHIP INVESTMENT WITH LONG-TERM LAND PLAY
• Two Trophy Auto Dealership Investments Available Together or Separately – The offering includes (1) 620 Blossom Hill Rd, Los Gatos (Los Gatos Luxury Cars Dealership) and (2) 16151 Los Gatos Blvd, Los Gatos (Porsche Dealership). Both properties may be purchased as a portfolio or individually; please inquire for details.
• Two institutional-quality auto dealership assets in Los Gatos (±6.24 AC Total Land)
• Leased to Penske Automotive Group and Price Simms Family Dealerships
• Absolute NNN leases providing passive, management-free income
• Rents 61% below market (per appraisal) - significant mark-to-market upside
• Lease expirations July 2028 with (2) five-year options to 2038
BELOW REPLACEMENT COST - EXCEPTIONAL LAND VALUE
• ±6.24 AC - Offered at a price below the underlying land value
• Significantly below replacement cost
• Tenants have invested substantial capital into the properties:
• Penske Automotive Group invested - $9M (Porsche facility upgrades)
• Luxury Cars showroom renovation + expansion (Rolls-Royce standards)
STRATEGIC BUY & HOLD - REPOSITION OR REDEVELOP
• Acquire at low in-place yield with strong covered land basis
• Collect passive income via absolute NNN structure
• Redevelopment optionality under Mixed-Use zoning
• Rare large-scale site in a supply-constrained Silicon Valley market
AAA LOCATION - LOS GATOS, SILICON VALLEY
• Prime frontage on Los Gatos Blvd & Blossom Hill Rd
• Affluent demographics ($200K+ HH income)
• High traffic, visibility, and strong retail corridor
• Extremely limited land availability / high barrier to entry
