Log In/Sign Up
Your email has been sent.
United Pacific: Long Beach, CA (Atlantic Ave) 3396 Atlantic Ave 793 SF Retail Building Long Beach, CA 90807 $5,340,912 CAD ($6,735.07 CAD/SF) 5.75% 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 793-square-foot United Pacific gas station and convenience store positioned on 0.41 acres in Long Beach, California — part of the Los Angeles MSA (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
Business is not for sale
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
793 SF
Building Class
C
Year Built
1960
Price
$5,340,912 CAD
Price Per SF
$6,735.07 CAD
Cap Rate
5.75%
NOI
$307,102 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.04
Lot Size
0.41 AC
Zoning
LBCCA - Commercial
Parking
18 Spaces (22.7 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7148-012-036 | Improvements Assessment | $7,302 CAD |
| Land Assessment | $584,189 CAD | Total Assessment | $591,491 CAD |
PROPERTY TAXES
Parcel Number
7148-012-036
Land Assessment
$584,189 CAD
Improvements Assessment
$7,302 CAD
Total Assessment
$591,491 CAD
CONTACTS
-
Thomas Carr -
Ty Grenier -
Christopher Bosworth -
Brian Pfohl -
Ryan Gurman -
Brian Yoshimura -
Joel Wilson -
Leah Lindell -
Kaitlyn Wolf -
Abby Kelly -
CBRE
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
United Pacific: Long Beach, CA (Atlantic Ave) | 3396 Atlantic Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.