1540 Foothill Blvd - Service Station FOR SALE
La Canada Flintridge, CA 91011 |
$4,300,000 USD
310-492-8413
1540 Foothill Blvd
La Canada Flintridge, CA 91011
HIGHLIGHTS
- 1540 Foothill Boulevard has continuously operated as a gas station for 75+ years.
- There is a short-lease with one option to extend providing large upside in the near future and/or an owner/user.
- Surrounded by national retailers such as 7-Eleven, El Pollo Loco, Panera Bread, and more.
- Strong demographics with average household income of over $155,000 in a two mile radius and average household income of over $129,000.
- Located on a major retail thoroughfare (Foothill Boulevard) with ingress/egress on Foothill Boulevard and Alta Canada Road.
OVERVIEW
Kidder Mathews is pleased to present an Exclusive Investment Offering for the Fee Simple Interest (Land only) ground leased to a single-unit gas station operator (“Tenant”) at 1540 Foothill Boulevard, La Cañada Flintridge, CA 91011 (“Property”). The Property is located in a dense retail thoroughfare with traffic counts of approximately 16,900 daily, surrounded by national retailers.
Do not disturb the tenant without prior consent.
FOR SALE DETAILS
PRICE
$4,300,000 USD
PRICE/SF
$1,929 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
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
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310-492-8413
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310-492-8413
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