Elon Musk, chief executive officer of luxury electric car maker Tesla, surprised many last week when he announced that Tesla would shut dealerships and shift sales to online only. In making that decision, Musk may have taken the charge out of a burgeoning market for net lease real estate that houses the dealerships and service centers.
Tesla Store Closings Could Take Charge Out of Market for the Properties
Few Trade, But Tend to Fetch Premium Prices When They Do
CoStar News
March 4, 2019 | 9:12 P.M.
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IN THIS ARTICLE
- Properties
- Tesla Motors, Inc.
1641 Westgate Cir, Brentwood, TN
- Tesla
14010 Perry Hwy, Wexford, PA
- Tesla
275 University Dr, Fort Worth, TX
- Tesla Sales and Service Center
5180 Mayfield Rd, Lyndhurst, OH