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United Pacific: Los Angeles, CA (E Olympic) 3915 E Olympic Blvd 662 SF Retail Building Los Angeles, CA 90023 $5,575,590 CAD ($8,422.34 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 662-square-foot United Pacific gas station and convenience store positioned on 0.24 acres in Los Angeles, California (MSA Population: 13M+). The site is subject to a ±8.2-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
662 SF
Building Class
C
Year Built
1950
Price
$5,575,590 CAD
Price Per SF
$8,422.34 CAD
Cap Rate
5.75%
NOI
$320,596 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.24 AC
Zoning
LCM1*
Parking
1 Spaces (1.51 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5242-008-006 | Improvements Assessment | $908,161 CAD |
| Land Assessment | $3,935,373 CAD | Total Assessment | $4,843,535 CAD |
Property Taxes
Parcel Number
5242-008-006
Land Assessment
$3,935,373 CAD
Improvements Assessment
$908,161 CAD
Total Assessment
$4,843,535 CAD
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United Pacific: Los Angeles, CA (E Olympic) | 3915 E Olympic Blvd
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