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United Pacific: Los Angeles, CA (W Pico) 2503 W Pico Blvd 371 SF Retail Building Los Angeles, CA 90006 $6,922,500 CAD ($18,659.03 CAD/SF) 5.50% Cap Rate

Retail Spaces California Los Angeles 2503 W Pico Blvd, Los Angeles, CA 90006

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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 371-square-foot United Pacific gas station and convenience store positioned on 0.30 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

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
371 SF
Year Built
1972
Price
$6,922,500 CAD
Price Per SF
$18,659.03 CAD
Cap Rate
5.50%
NOI
$380,738 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.30 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
LAC2
Parking
5 Spaces (13.48 Spaces per 1,000 SF Leased)
Frontage
46’ on VERMONT AVE
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Bank of America
Bank of Hope
Food 4 Less
Chase Bank
Yoshinoya
King Taco Restaurants Inc
Superior Grocers
Smart & Final
Northgate González Markets
Jons Marketplace

PROPERTY TAXES

Parcel Number 5078-028-024 Improvements Assessment $672,881 CAD
Land Assessment $4,898,925 CAD Total Assessment $5,571,806 CAD

PROPERTY TAXES

Parcel Number
5078-028-024
Land Assessment
$4,898,925 CAD
Improvements Assessment
$672,881 CAD
Total Assessment
$5,571,806 CAD
(703) 477-1315

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Thomas Carr
    Thomas Carr
  • Ty Grenier
    Ty Grenier
  • Christopher Bosworth
    Christopher Bosworth
  • Brian Pfohl
    Brian Pfohl
  • Ryan Gurman
    Ryan Gurman
  • Brian Yoshimura
    Brian Yoshimura
  • Joel Wilson
    Joel Wilson
  • Leah Lindell
    Leah Lindell
  • Kaitlyn Wolf
    Kaitlyn Wolf
  • Abby Kelly
    Abby Kelly

  • Listing ID: 38098035

  • Date on Market: 2025-10-16

  • Last Updated:

  • Address: 2503 W Pico Blvd, Los Angeles, CA 90006

The Harvard Heights Retail Property at 2503 W Pico Blvd, Los Angeles, CA 90006 is currently available. Contact CBRE for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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United Pacific: Los Angeles, CA (W Pico) | 2503 W Pico Blvd
(703) 477-1315 x

United Pacific: Los Angeles, CA (W Pico) | 2503 W Pico Blvd

Thomas Carr
(703) 477-1315

Ty Grenier
(404) 504-0023

Christopher Bosworth
(404) 441-3849

Brian Pfohl
(404) 504-7900

Ryan Gurman
(310) 650-7545

Brian Yoshimura
(818) 502-6736

Joel Wilson
(619) 246-3107

Leah Lindell
(404) 812-5136

Kaitlyn Wolf
(770) 656-6973

Abby Kelly
(404) 923-1460

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