210 S Gaffey St - Service Station FOR SALE


San Pedro, CA 90731- Central San Pedro
$4,287,066 USD
703-477-1315
210 S Gaffey St, San Pedro, CA for Sale
$4,287,066 USD
Service Station - FOR SALE
1/7
null | 5.75% Cap Rate

210 S Gaffey St
San Pedro, CA 90731
Central San Pedro


HIGHLIGHTS

  • Absolute NNN Lease with Increases
  • High Barriers to Entry
  • Long-Term Operating History
  • Intrinsic Underlying Value
  • Los Angeles MSA Advantage

OVERVIEW

CBRE is pleased to offer for sale the 318-square-foot United Pacific gas station and convenience store positioned on 0.34 acres in San Pedro, California — part of the Los Angeles MSA (MSA Population: 13M+). The site is subject to a ±8.5-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the three, 5-year renewal options. Business is not for sale

FOR SALE DETAILS

PRICE

$4,287,066 USD

PRICE/SF

$13,481 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United Pacific: San Pedro, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

LAC2

APN/PARCEL ID

7451-016-030

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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