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SOUTHERN CALIFORNIA NEWS
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Claremont Site Acquired for New Auto Dealership

3/14/19

A 4.4-acre site in the city of Claremont was recently acquired for the development of a new auto dealership. The site, located at 667 Auto Center Drive, has been vacant for more than a decade and is part of the Claremont Auto Center, consisting of Claremont Toyota (one of the highest-volume dealerships in the nation), Hyundai, and Chrysler, Dodge, Jeep and Ram dealerships.

The site has an existing building which will be expanded and completely renovated to include a service department, meeting manufacturer standards. The opening of the new dealership is anticipated to be within 12 to 18 months.

In 2013, an 11.4-acre site was acquired by Brandywine Homes for a residential development; however, plans for rezoning were not approved. Of the 11.4 acres, seven acres were sold in late 2015 for a Chrysler, Dodge, Jeep and Ram dealership, which opened its flagship, state-of-the-art, 65k sf sales and service center in late 2016 and is currently owned and operated by John Elway Automotive Group.

Jodi V. Meade with Avison Young represented the seller, Brandywine Homes. The buyer was Claremont Holding Company LLC.

“This remaining 4.4-acre sale for a new dealership is significant as it marks the full occupancy of Claremont Auto Center,” comments Meade. “This center is well-located within an area with dynamic retail and residential growth that is also very competitive and has high barriers to entry when it comes to the auto dealership marketplace.”

Located in the heart of Claremont, the site is visible by 518,000 cars per day from Interstate 10, one of the busiest freeways in Southern California. The property is surrounded by more than 432,000 people within a five-mile radius.






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