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7 Eleven Retail Center 600-602 E Imperial Hwy 4,000 SF 100% Leased Retail Building Los Angeles, CA 90059 $2,300,000 ($575/SF) 6.31% Cap Rate



INVESTMENT HIGHLIGHTS
- APPROXIMATELY 4,000 SF RETAIL BUILDING ON 10,893 SF LAC2 ZONED CORNER LOT.
- LOT FEATURES 2 POINTS OF INGRESS & EGRESS WITH A MONUMENT SIGN LOCATED AT THE SIGNALIZED CORNER.
- GREAT ACCESSIBILITY; CONVENIENTLY LOCATED JUST NORTH OF THE 105 FREEWAY & EAST OF THE 110 FREEWAY.
- GREAT CAR TRAFFIC COUNTS; APPROX. 50,000 CARS PER DAY AT THIS SIGNALIZED INTERSECTION.
- PROPERTY PROVIDES GOOD ON-SITE PARKING, IN ADDITION TO AMPLE STREET PARKING.
- ADDITIONAL INCOME FROM A DOUBLE SIDED BILLBOARD!!!
EXECUTIVE SUMMARY
This approximately 4,000-square-foot retail building is strategically positioned on a 10,893-square-foot signalized corner lot, offering a versatile space suitable for a variety of business ventures. The property boasts a prime location at a bustling signalized intersection with impressive traffic counts of approximately 50,000 vehicles per day, ensuring high visibility and steady customer flow.
The center is currently leased to two tenants: a 7-Eleven (which has been subleased) and Spacetel LLC, a wireless retailer. Additional income is generated from a double-sided billboard located in the parking lot.
Spacetel LLC brings strong, proven retail presence to your property. As a premium authorized retailer for Cricket Wireless, Spacetel operates more than 200 stores across California, Oregon, Colorado and Arizona, supported by a team of 200–500 employees. Their business model centers on essential wireless services, monthly plans and device/accessory sales, offerings that tend to generate recurring customer traffic. That means consistent foot traffic, dependable lease payments and a tenant with a history of managing multiple retail locations successfully.
The property features approximately 13 on-site parking spaces plus one handicap space, two points of ingress and egress, and a monument sign at the signalized corner. Its proximity to the 105 and 110 Freeways provides convenient access for commuters.
This offering is ideal for an investor seeking a NNN property with a strong international credit tenant and a national tenant with over 200 locations. With minimal management requirements, this well-located center presents a compelling opportunity in a high-traffic area.
The center is currently leased to two tenants: a 7-Eleven (which has been subleased) and Spacetel LLC, a wireless retailer. Additional income is generated from a double-sided billboard located in the parking lot.
Spacetel LLC brings strong, proven retail presence to your property. As a premium authorized retailer for Cricket Wireless, Spacetel operates more than 200 stores across California, Oregon, Colorado and Arizona, supported by a team of 200–500 employees. Their business model centers on essential wireless services, monthly plans and device/accessory sales, offerings that tend to generate recurring customer traffic. That means consistent foot traffic, dependable lease payments and a tenant with a history of managing multiple retail locations successfully.
The property features approximately 13 on-site parking spaces plus one handicap space, two points of ingress and egress, and a monument sign at the signalized corner. Its proximity to the 105 and 110 Freeways provides convenient access for commuters.
This offering is ideal for an investor seeking a NNN property with a strong international credit tenant and a national tenant with over 200 locations. With minimal management requirements, this well-located center presents a compelling opportunity in a high-traffic area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
C
Year Built
1987
Price
$2,300,000
Price Per SF
$575
Cap Rate
6.31%
NOI
$145,066
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations
and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use
Parking
13 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6072-004-026 | Improvements Assessment | $781,955 |
| Land Assessment | $1,640,468 | Total Assessment | $2,422,423 |
PROPERTY TAXES
Parcel Number
6072-004-026
Land Assessment
$1,640,468
Improvements Assessment
$781,955
Total Assessment
$2,422,423
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7 Eleven Retail Center | 600-602 E Imperial Hwy
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