Updated Aug 29, 2025
Lehr Automotive Secures Long-Term Lease For 58000 Square Feet At 701 Willow Pass Road
701 Willow Pass Road
Building Size
58,000 SF
Asset Type
Industrial
Closing
Aug 27, 2025
About this deal
AI
An industrial facility located at 701 Willow Pass Road in Pittsburg encompasses a total of 58,000 square feet. The asset is part of Empire Business Park. This transaction involves a long-term lease agreement.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Lease Term: Long-term
- Address: 701 Willow Pass Road
- Market: Pittsburg
- Tenant: Lehr Automotive
- Brokers: Bill Hillis & Curt Scheve - Colliers
Lehr Automotive will utilize the leased space to expand its assembly operations specifically supporting police, fire, and public safety fleets. Bill Hillis and Curt Scheve from Colliers represent Lehr Automotive in this transaction.
Players
Pittsburg Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93