Tesla

Lowest
Cap Rate

4.25%

Lowest cap rate over past 24 months

Average
Cap Rate

5.00%

12 mo avg with 5+ yr lease term

Overview

Tesla properties range widely in format. Retail showrooms are typically 2,000 to 5,000 square feet, located in lifestyle centers or malls, while service centers are 15,000 to 40,000 square feet, situated on 2.0 to 5.0-acre lots in industrial or suburban commercial zones. Leases are generally 10- to 15-year absolute NNN, with escalations of 10% every 5 years, and are corporately guaranteed by Tesla, Inc. These sites are often highly customized and feature EV charging infrastructure.

Average Property & Lease

Average Sale Price	$7,000,000 – $20,000,000
Average NOI	$350,000 – $1,000,000+
Building SF	2,000 – 40,000
Lease Term	15 Years
Escalations	10% Every 5 Years
Stock Symbol	NASDAQ:TSLA

CREDIT RATING

S&P	BBB
Moody's	Baa3

TENANT DESCRIPTION

Tesla, Inc. was founded in 2003 in San Carlos, California, with the goal of accelerating the world’s transition to sustainable energy. Initially focused on electric vehicles, the company has expanded into energy storage, solar technology, and full self-driving software. Tesla retail stores and service centers are part of the company’s vertically integrated strategy—bypassing traditional dealerships to control customer experience directly. These locations are used for test drives, direct-to-consumer sales, education, charging, and repairs.

Founded	2003
Headquarters	Austin, TX, U.S.
Number of Locations	1,000
Revenue	$96.8 B
Company Website	https://www.tesla.com
Key Principal	Elon Musk

Tesla

Lowest Cap Rate

4.25%

Average Cap Rate

5.00%

Overview

Average Property & Lease

CREDIT RATING

S&P

BBB

Moody's

Baa3

TENANT DESCRIPTION

PROS

CONS

COMPANY QUICK STATS

Lowest
Cap Rate

Average
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