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United Pacific: Bellflower, CA 10211 Alondra Blvd 1,300 SF Retail Building Bellflower, CA 90706 $3,166,667 ($2,435.90/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- The site is subject to a ±8.8-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the options (3 x 5-year options).
- Operating history of 65+ years.
- Irreplaceable location with high barriers to entry for new gas competitors.
- Infill location with strong underlying intrinsic value.
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale the 300 SF United Pacific fuel and convenience store located on .44 acres in Bellflower, CA - a component of the Los Angeles-Long Beach-Anaheim, CA MSA. The site is subject to a ±8.8-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the options (3 x 5-year options).
BUSINESS IS NOT FOR SALE
BUSINESS IS NOT FOR SALE
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,300 SF
Building Class
C
Year Built
1959
Price
$3,166,667
Price Per SF
$2,435.90
Cap Rate
6%
NOI
$190,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.44 AC
Zoning
CG - Commercial
Frontage
AMENITIES
- Signage
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6275-001-037 | Improvements Assessment | $109,363 |
| Land Assessment | $1,203,008 | Total Assessment | $1,312,371 |
PROPERTY TAXES
Parcel Number
6275-001-037
Land Assessment
$1,203,008
Improvements Assessment
$109,363
Total Assessment
$1,312,371
CONTACTS
-
Thomas Carr -
Christopher Bosworth -
Brian Pfohl -
Ty Grenier -
Ryan Gurman -
Joel Wilson -
Leah Lindell -
Brian Yoshimura -
Abby Kelly -
Kaitlyn Wolf -
CBRE
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United Pacific: Bellflower, CA | 10211 Alondra Blvd
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