$5,250,000 USD
818-259-0476
1009 Crenshaw Blvd
Los Angeles, CA 90019
Miracle Mile
HIGHLIGHTS
- The Subject Property presents an exceptionally rare opportunity to purchase a gas station in urban Los Angeles/Koreatown neighborhood.
- The property is operating under a month-month lease, which is cancelable by either Landlord or Tenant with 30-day notice.
- Tenants and operators can take advantage of existing E85 Fueling Infrastructure Grant Programs to off-set new equipment, tank, and dispensing costs.
- With the month-month lease, investors can benefit from immediate potential to increase the rent to a market rate.
- The property is situated at the high traffic intersection of Olympic Blvd. and Crenshaw Blvd.
- There are currently ten (10) gas pumps on-site, allowing for many vehicles to access the property while simultaneously pumping fuel.
FOR SALE DETAILS
PRICE
$5,250,000 USD
PRICE/SF
$21,875 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Eco Fuel
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.4 AC
LAND SF
17,424 SF
ZONING
LAC2
APN/PARCEL ID
5082-027-023
ASK ABOUT THIS PROPERTY
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818-259-0476
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818-259-0476
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