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United Pacific: Santa Clarita, CA 26015 Bouquet Canyon Rd 3,682 SF Retail Building Santa Clarita, CA 91350 $8,382,295 ($2,276.56/SF) 5.25% 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 396-square-foot United Pacific gas station and convenience store positioned on 0.51 acres in Santa Clarita, California — part of the Los Angeles MSA (MSA Population: 13M+). The site is subject to a ±7.9-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
3,682 SF
Building Class
B
Year Built
2001
Price
$8,382,295
Price Per SF
$2,276.56
Cap Rate
5.25%
NOI
$440,070
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.47 AC
Zoning
LCC3*
Parking
8 Spaces (2.79 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2811-003-031 | Improvements Assessment | $426,564 |
| Land Assessment | $2,507,364 | Total Assessment | $2,933,928 |
Property Taxes
Parcel Number
2811-003-031
Land Assessment
$2,507,364
Improvements Assessment
$426,564
Total Assessment
$2,933,928
Contacts
-
Thomas Carr -
Ty Grenier -
Christopher Bosworth -
Brian Pfohl -
Ryan Gurman -
Brian Yoshimura -
Leah Lindell -
Abby Kelly -
CBRE
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