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240 W Adams Blvd
Los Angeles, CA 90007
7-ELEVEN · Retail Property For Sale
Investment Highlights
- TOP-TIER CREDIT RATING – 7-Eleven operates over 9,300 U.S. stores and 83,000+ locations worldwide. Backed by an “A” credit rating from S&P, the compan
- PRIME VISIBILITY & HIGH TRAFFIC – Located at a signalized intersection with over ±37,000 vehicles per day and immediate access to I-110 (±270,000+ VPD
- PATH OF GROWTH – Directly across the street is The Lorenzo, a luxury student housing community near USC with approximately 913 units and more than 3,0
- STRONG TENANT COMMITMENT – 7-Eleven originally approached the landlord to convert a former burger restaurant into their current convenience store form
- NEAR MAJOR UNIVERSITY – The area surrounding the prestigious University of Southern California (47,000+ students) has undergone significant transforma
- LOWER RENT FOR TENANT – The current rent of $87,120 is approximately 40% below the average for single-tenant 7-Eleven sites in infill Southern Califor
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,080 SF
Building Class
B
Year Built
1976
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.23 AC
Zoning
LAM1 - Industrial
Parking
12 Spaces (5.77 Spaces per 1,000 SF Leased)
Frontage
110’ on W Adams Blvd
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 5122-013-015 | Improvements Assessment | $424,483 |
| Land Assessment | $1,305,285 | Total Assessment | $1,729,768 |
Property Taxes
Parcel Number
5122-013-015
Land Assessment
$1,305,285
Improvements Assessment
$424,483
Total Assessment
$1,729,768
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