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United Pacific: Inglewood, CA 4520 W Century Blvd 1,258 SF Retail Building Inglewood, CA 90304 $2,608,696 ($2,073.69/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Irreplaceable location with high barriers to entry for new gas competitors.
- Infill location with strong underlying intrinsic value.
- Operating history of 40 years.
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale the 1,258 SF United Pacific fuel and convenience store located on 0.40 acres in Inglewood, CA - a component of the Los Angeles-Long Beach-Anaheim, CA MSA. The site is subject to a ±8.8-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the options (3 x 5-year options).
BUSINESS IS NOT FOR SALE
BUSINESS IS NOT FOR SALE
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
1,258 SF
Building Class
B
Year Built
1974
Price
$2,608,696
Price Per SF
$2,073.69
Cap Rate
5.75%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
C2, Inglewood - "Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
8 Spaces (6.36 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
CONTACTS
-
Thomas Carr -
Ty Grenier -
Christopher Bosworth -
Brian Pfohl -
Leah Lindell -
Abby Kelly -
Katie Goldberg -
Kaitlyn Wolf -
Ryan Gurman -
Brian Yoshimura -
Joel Wilson -
CBRE
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United Pacific: Inglewood, CA | 4520 W Century Blvd
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