$4,086,957 USD
703-477-1315
3915 E Olympic Blvd
Los Angeles, CA 90023
East Los Angeles
OVERVIEW
CBRE is pleased to offer for sale the 662-square-foot United Pacific gas station and convenience store positioned on 0.24 acres in Los Angeles, California (MSA Population: 13M+). The site is subject to a ±8.7-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
$4,086,957 USD
PRICE/SF
$6,174 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
United Pacific: Los Angeles, CA (E Olympic)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1950
SPRINKLERS
-
PARKING SPACES
1
LAND DETAILS
LAND ACRES
0.24 AC
LAND SF
10,454 SF
ZONING
LCM1*
APN/PARCEL ID
5242-008-006
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
703-477-1315
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
703-477-1315
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
