8510 Rosecrans Ave - Service Station FOR SALE


Paramount, CA 90723
$4,454,545 USD
703-477-1315
8510 Rosecrans Ave, Paramount, CA for Sale
$4,454,545 USD
Service Station - FOR SALE
1/6
null | 5.5% Cap Rate

8510 Rosecrans Ave
Paramount, CA 90723


HIGHLIGHTS

  • Irreplaceable location with high barriers to entry for new gas competitors
  • Infill location with strong underlying intrinsic value
  • Operating history of 66 years

OVERVIEW

CBRE is pleased to offer for sale the 1,424 SF United Pacific fuel and convenience store located on 0.51 acres in Paramount, CA - a component of the Los Angeles-Long Beach-Anaheim, CA MSA. 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 (three 5-year options). BUSINESS IS NOT FOR SALE

FOR SALE DETAILS

PRICE

$4,454,545 USD

PRICE/SF

$3,128 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United Pacific: Paramount, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

-

APN/PARCEL ID

6268-004-019

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 Policy.