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11759 Carson St 3,701 SF 66% Leased Retail Building Lakewood, CA 90715 $800,000 ($216.16/SF) 9.18% Cap Rate
Executive Summary
PRICED TO STEAL. CURRENT OWNERSHIP PURCHASED THIS BACK IN 2017 AT $1,150,000.00. 47 YEARS OF LAND-LEASE FOR SALE. BRING YOUR 1031 EXCHANGE HERE. ** PRICED REDUCED TO SELL FAST!! NOW CAP 7.35%. COLLECT RENT AND PAY LAND OWNER A RENT OF $4,192.42 PER MONTH.
Landowners are older couple, They would need to sell sooner than later, but Not now. Current seller has "FIRST RIGHT OF REFUSAL."
ONE SPACE 1,096 SF (RETAIL, SKIN/MED SPA, NAILS, BEAUTY SALON, COFFEE, RESTAURANT) AVAILABLE FOR OWNER-USER OR LEASE IT OUT. 7-11 will not exercise their option in 2026, due to AM/PM is being built next door along with CAR WASH AND A GAS STATION WHICH WILL RAISE THE VISITORS COUNT ONCE DONE. 7-11 SPACE IS CURRENT IN NEGOTIATIONS LIKE STARBUCKS AND OTHER SPECIALTY COFFEE BRANDS. $2.75 P/S/F PLUS NNN($0.75) WILL FETCH $8,500.00 by 2026. By 2026 Cap Rate to be 8.00%.
Landowners are older couple, They would need to sell sooner than later, but Not now. Current seller has "FIRST RIGHT OF REFUSAL."
ONE SPACE 1,096 SF (RETAIL, SKIN/MED SPA, NAILS, BEAUTY SALON, COFFEE, RESTAURANT) AVAILABLE FOR OWNER-USER OR LEASE IT OUT. 7-11 will not exercise their option in 2026, due to AM/PM is being built next door along with CAR WASH AND A GAS STATION WHICH WILL RAISE THE VISITORS COUNT ONCE DONE. 7-11 SPACE IS CURRENT IN NEGOTIATIONS LIKE STARBUCKS AND OTHER SPECIALTY COFFEE BRANDS. $2.75 P/S/F PLUS NNN($0.75) WILL FETCH $8,500.00 by 2026. By 2026 Cap Rate to be 8.00%.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,701 SF
Building Class
B
Year Built
2005
Price
$800,000
Price Per SF
$216.16
Cap Rate
9.18%
NOI
$73,474
Percent Leased
66%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.27 AC
Zoning
C4 - Commercial
Parking
16 Spaces (4.35 Spaces per 1,000 SF Leased)
Frontage
136’ on East Carson Street
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Freeway Visibility
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,200 SF
- Retail
- -
- Now
SPACE FOR BANK ATM MACHINE. PREVIOUSLY WESCOM BANK ATM. GREAT LOCATION. HIGH TRAFFIC AREA. FEW BLOCKS FROM GARDENS CASINO.
CURRENTLY 7-11, POSSIBLE DONUT SHOP, DRINK SPECIALTY, SALT-BREAD, COFFEE, STARBUCKS, ETC. ANY FRANCHISE RESTAURANT WELCOME. NO GAS LINE
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,200 SF | Retail | - | Now |
| 1st Floor | 55 SF | Retail | - | Now |
| 11759 | 2,430 SF | Retail | End Cap | May 2026 |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 55 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
11759
| Size |
| 2,430 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| May 2026 |
1st Floor
| Size | 55 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
SPACE FOR BANK ATM MACHINE. PREVIOUSLY WESCOM BANK ATM. GREAT LOCATION. HIGH TRAFFIC AREA. FEW BLOCKS FROM GARDENS CASINO.
11759
| Size | 2,430 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | May 2026 |
CURRENTLY 7-11, POSSIBLE DONUT SHOP, DRINK SPECIALTY, SALT-BREAD, COFFEE, STARBUCKS, ETC. ANY FRANCHISE RESTAURANT WELCOME. NO GAS LINE
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | 7065-024-023 | Improvements Assessment | $1,383,939 |
| Land Assessment | $1,595,326 | Total Assessment | $2,979,265 |
Property Taxes
Parcel Number
7065-024-023
Land Assessment
$1,595,326
Improvements Assessment
$1,383,939
Total Assessment
$2,979,265
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11759 Carson St
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