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4/27/17
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Tire Centers LLC has signed a six-year, $1.6 mil lease for a 27k sf ($0.82/sf/mo) commercial building in Van Nuys, for expansion within the region. Tire Centers LLC has already taken occupancy of the facility, located on nearly an acre of land at 14117 Vanowen St, east of the 405 Fwy at Hazeltine Ave.
The new Tire Centers facility is a concrete tilt-up structure with 2k sf of office space that the tenant will expand to 3.5k sf. The property also features 24-foot clear height, two ground-level doors, and on-site parking for 45 cars.
Peter Steigleder with Hudson Partners and Kevin Cooper of Delphi Business Properties Inc represented James L. Luthman, the property owner, in the transaction. Nigel Stout and Grant Glatty of JLL repped the tenant.
With 67 commercial locations, 10 state-of-the-art retreading plants and 78 wholesale distribution centers, Tire Centers specializes in commercial truck line sales and service solutions, the manufacture of custom-mold truck retreads to standards established by Michelin Retread Technologies, and the distribution of passenger and light truck tires to independent tire retailers.
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