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11515 Atlantic Ave
Lynwood, CA 90262
United Pacific: Lynwood, CA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with Increases
- Long-Term Operating History
- Los Angeles MSA Advantage
- High Barriers to Entry
- Intrinsic Underlying Value
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale the 719-square-foot United Pacific gas station and convenience store positioned on 0.43 acres in Lynwood, California — part of the Los Angeles MSA (MSA Population: 13M+). The site is subject to a ±8.7-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the three, 5-year renewal 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
750 SF
Building Class
C
Year Built
1987
Price
$3,750,000
Price Per SF
$5,000
Cap Rate
6%
NOI
$225,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.48 AC
Zoning
C3 - Commercial
Parking
7 Spaces (4.03 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 6189-004-023 | Improvements Assessment | $164,045 |
| Land Assessment | $1,257,692 | Total Assessment | $1,421,737 |
PROPERTY TAXES
Parcel Number
6189-004-023
Land Assessment
$1,257,692
Improvements Assessment
$164,045
Total Assessment
$1,421,737
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