305 W Anaheim St - Service Station FOR SALE
Wilmington, CA 90744 |
$2,608,696 USD
404-441-3849
305 W Anaheim St
Wilmington, CA 90744
HIGHLIGHTS
- The site is subject to a ±8.9-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the options (3 x 5-year options).
- Irreplaceable location with high barriers to entry for new gas competitors.
- Operating history of 22+ years.
- Infill location with strong underlying intrinsic value.
OVERVIEW
The CBRE Net Lease Property Group is pleased to offer for sale the 1,640-square-foot United Pacific gas station and convenience store situated on 0.30-acres in Wilmington, California -- part of the Los Angeles MSA (MSA Population 13M+). The site is subject to a ±8.9-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the options (3 x 5-year options).
BUSINESS IS NOT FOR SALE
FOR SALE DETAILS
PRICE
$2,608,696 USD
PRICE/SF
$1,591 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
United Pacific: Wilmington, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.37 AC
LAND SF
16,026 SF
ZONING
C2-1
APN/PARCEL ID
7416-031-001
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404-441-3849
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404-441-3849
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