1540 Foothill Blvd - Service Station FOR SALE


La Cañada Flintridge, CA 91011- La Canada Flintridge
$3,200,000 USD
310-492-8413
1540 Foothill Blvd, La Cañada Flintridge, CA for Sale
$3,200,000 USD
Service Station - FOR SALE
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null | Request Cap Rate

1540 Foothill Blvd
La Cañada Flintridge, CA 91011
La Canada Flintridge


HIGHLIGHTS

  • Long-standing gas station with 75+ years of continuous operation
  • Located on Foothill Blvd with access to I-210 and CA-2 freeways
  • Surrounded by national retailers in a dense commercial corridor
  • Strong demographics with household incomes over $155K nearby
  • Lease expires in 2028 with 1 five year renewal option

OVERVIEW

Located in the heart of La Cañada Flintridge’s bustling retail corridor, 1540 Foothill Blvd presents a rare opportunity to acquire a freestanding, single-tenant ground-leased investment. This long-standing gas station, currently ground leased to a 76 franchisee, has operated continuously for over 75 years, underscoring its enduring viability and community integration. The property benefits from dual ingress/egress on Foothill Blvd and Alta Canyada Rd, and is less than one mile from both the I-210 and CA-2 freeways, ensuring strong vehicular access and visibility. Surrounded by national retailers including 7-Eleven, El Pollo Loco, and Panera Bread, the site sits within a dense commercial zone with daily traffic counts nearing 16,900 vehicles. The local demographic profile is equally compelling, with over 247,000 residents within a five-mile radius and average household incomes exceeding $155,000 within two miles. The current ground lease is significantly below market, offering substantial upside potential upon expiration or repositioning for owner-user occupancy. With one (1), five year renewal option. This asset is ideally suited for investors seeking stable income with future growth potential in a high-barrier-to-entry market known for its affluence, strong schools, and proximity to major employment centers including NASA’s Jet Propulsion Laboratory.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$1,436 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

(ground leased)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

LFC3*

APN/PARCEL ID

5813-007-001

ASK ABOUT THIS PROPERTY

Justin MendelsonKidder MathewsMore Info
310-492-8413

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Justin MendelsonKidder MathewsMore Info
310-492-8413

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.