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United Pacific: San Pedro, CA 210 S Gaffey St 318 SF Retail Building San Pedro, CA 90731 $4,287,066 ($13,481.34/SF) 5.75% Cap Rate
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 318-square-foot United Pacific gas station and convenience store positioned on 0.34 acres in San Pedro, 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
318 SF
Building Class
B
Year Built
2000
Price
$4,287,066
Price Per SF
$13,481.34
Cap Rate
5.75%
NOI
$246,506
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
LAC2 - Service Station
Parking
1 Spaces (3.14 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7451-016-030 | Improvements Assessment | $328,093 |
| Land Assessment | $2,406,018 | Total Assessment | $2,734,111 |
PROPERTY TAXES
Parcel Number
7451-016-030
Land Assessment
$2,406,018
Improvements Assessment
$328,093
Total Assessment
$2,734,111
CONTACTS
-
Thomas Carr -
Ty Grenier -
Christopher Bosworth -
Brian Pfohl -
Ryan Gurman -
Brian Yoshimura -
Joel Wilson -
Leah Lindell -
Kaitlyn Wolf -
Abby Kelly -
CBRE
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United Pacific: San Pedro, CA | 210 S Gaffey St
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