US man who's trying to buy a Tesla dealership for less than $24.5M explains why it's a very good investment
Published on Jul 03, 2026 at 6:07 PM (UTC+4)
by Daisy Edwards
Last updated on Jul 03, 2026 at 6:07 PM (UTC+4)
Edited by
Kate Bain
US real estate investor Ben Mallah recently had his eye on a brand-new Tesla dealership listed at around $24.5M, and let’s just say he didn’t show up to admire the architecture.
He turned up ready to check it out, crunch the numbers, and decide if this shiny EV showroom was actually a good investment.
And in true Mallah fashion, he wasted no time getting straight to the point: this wasn’t about EVs.
It was all about cash flow, big money, long leases, and keeping headaches to a minimum.
Trying to buy a Tesla dealership for $24.5M
Iconic real-estate investor Ben Mallah drove hours to check out the Tesla dealership in person, because as he sees it, no spreadsheet beats actually standing on the property.
What he found was about as ‘plug and play’ as commercial real estate gets: brand-new construction, fully leased, and locked into a triple net (NNN) deal.
In simple terms, that means Tesla covers most of the bills, while the owner mostly just collects rent, which is a pretty sweet deal.
The asking price sat at roughly $24.5M, but the investor made it clear he wasn’t planning to walk in and pay sticker price like it was a showroom car.
Why his strategy is genius
Instead, his strategy was classic: hit them with a lower offer and try to shake out a discount.
What really got him interested wasn’t the fancy showroom or the location, it was the name on the lease: Tesla.
According to Mallah, that kind of tenant changes everything.
You’re not dealing with a small operator hoping the business survives next year; you’re dealing with a global brand that sells more electric cars than most countries can keep up with.
He also pointed out the long lease term as the real ‘sleep well at night’ factor.
While other deals might offer higher returns, they usually come with more stress, more management, and more things that can go wrong.
This one was pretty much the opposite.
Lower maintenance, fewer surprises, and rent rolling in like clockwork.
By the end of the inspection, his verdict was pretty clear.
It might not be the flashiest or highest-yield deal he’s ever seen, but in his world, boring is beautiful when the tenant is Tesla.
And for a man who’s built a career on big real estate bets, that kind of ‘boring’ is exactly what gets his attention.
Daisy is a technology and automotive journalist covering artificial intelligence, consumer tech, Apple news, cryptocurrency, emerging technologies, and transportation innovation. Since joining the team in 2025, she has reported on everything from AI-powered startups and major iOS updates to viral car stories and the latest developments shaping transportation and the digital economy. Drawing on her background in automotive journalism and a degree in History and Journalism from Goldsmiths, University of London, Daisy specializes in breaking down complex topics into clear, engaging reporting for a global audience. Her work spans cutting-edge technology, innovative vehicles, and the people driving change across both industries. Daisy has gained first-hand access to some of the world's most talked-about technologies and innovators, including meeting Tesla's Optimus humanoid robot during its first European appearance in London. She has also discussed the future of space exploration with an astronaut, bringing unique insights and real-world perspectives to her coverage of emerging technology.
