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United Pacific: Lynwood, CA 11515 Atlantic Ave 750 SF Retail Building Lynwood, CA 90262 $5,126,438 CAD ($6,835.25 CAD/SF) 6% Cap Rate
Investment Highlights
- Absolute NNN Lease with Increases
- Long-Term Operating History
- Los Angeles MSA Advantage
- High Barriers to Entry
- Intrinsic Underlying Value
Executive Summary
CBRE is pleased to offer for sale the 719-square-foot United Pacific gas station and convenience store positioned on 0.43 acres in Lynwood, 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
Business is not for sale
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
750 SF
Building Class
C
Year Built
1987
Price
$5,126,438 CAD
Price Per SF
$6,835.25 CAD
Cap Rate
6%
NOI
$307,586 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.48 AC
Zoning
C3 - Commercial
Parking
7 Spaces (4.03 Spaces per 1,000 SF Leased)
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 6189-004-023 | Improvements Assessment | $224,258 CAD |
| Land Assessment | $1,719,328 CAD | Total Assessment | $1,943,586 CAD |
Property Taxes
Parcel Number
6189-004-023
Land Assessment
$1,719,328 CAD
Improvements Assessment
$224,258 CAD
Total Assessment
$1,943,586 CAD
Contacts
-
Thomas Carr -
Ty Grenier -
Christopher Bosworth -
Brian Pfohl -
Ryan Gurman -
Brian Yoshimura -
Joel Wilson -
Leah Lindell -
Kaitlyn Wolf -
Abby Kelly -
CBRE
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United Pacific: Lynwood, CA | 11515 Atlantic Ave
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