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United Pacific: Burbank, CA 2500 W Magnolia Blvd 1,140 SF Retail Building Burbank, CA 91505 $4,150,170 CAD ($3,640.50 CAD/SF) 5% Cap Rate



INVESTMENT HIGHLIGHTS
- Irreplaceable location with high barriers to entry for new gas competitors.
- Infill location with strong underlying intrinsic value.
- Operating history of 44 years.
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale the 140 SF United Pacific fuel and convenience store located on 0.28 acres in Burbank, CA - a component of the Los Angeles-Long Beach-Anaheim, CA MSA. The site is subject to a ±8.8-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.
BUSINESS IS NOT FOR SALE.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
1,140 SF
Building Class
C
Year Built
1981
Price
$4,150,170 CAD
Price Per SF
$3,640.50 CAD
Cap Rate
5%
NOI
$207,508 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.09
Lot Size
0.28 AC
Zoning
BUC3* - Commercial
Parking
6 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2479-001-003 | Improvements Assessment | $308,624 CAD |
| Land Assessment | $4,106,277 CAD | Total Assessment | $4,414,901 CAD |
PROPERTY TAXES
Parcel Number
2479-001-003
Land Assessment
$4,106,277 CAD
Improvements Assessment
$308,624 CAD
Total Assessment
$4,414,901 CAD
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United Pacific: Burbank, CA | 2500 W Magnolia Blvd
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