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7 Eleven Retail Center 600-602 E Imperial Hwy 4,000 SF 100% Leased Retail Building Los Angeles, CA 90059 $3,181,774 CAD ($795.44 CAD/SF) 6.31% Cap Rate

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INVESTMENT HIGHLIGHTS

  • APPROXIMATELY 4,000 SF RETAIL BUILDING ON 10,893 SF LAC2 ZONED CORNER LOT.
  • LOT FEATURES 2 POINTS OF INGRESS & EGRESS WITH A MONUMENT SIGN LOCATED AT THE SIGNALIZED CORNER.
  • GREAT ACCESSIBILITY; CONVENIENTLY LOCATED JUST NORTH OF THE 105 FREEWAY & EAST OF THE 110 FREEWAY.
  • GREAT CAR TRAFFIC COUNTS; APPROX. 50,000 CARS PER DAY AT THIS SIGNALIZED INTERSECTION.
  • PROPERTY PROVIDES GOOD ON-SITE PARKING, IN ADDITION TO AMPLE STREET PARKING.
  • ADDITIONAL INCOME FROM A DOUBLE SIDED BILLBOARD!!!

EXECUTIVE SUMMARY

This approximately 4,000-square-foot retail building is strategically positioned on a 10,893-square-foot signalized corner lot, offering a versatile space suitable for a variety of business ventures. The property boasts a prime location at a bustling signalized intersection with impressive traffic counts of approximately 50,000 vehicles per day, ensuring high visibility and steady customer flow.
The center is currently leased to two tenants: a 7-Eleven (which has been subleased) and Spacetel LLC, a wireless retailer. Additional income is generated from a double-sided billboard located in the parking lot.
Spacetel LLC brings strong, proven retail presence to your property. As a premium authorized retailer for Cricket Wireless, Spacetel operates more than 200 stores across California, Oregon, Colorado and Arizona, supported by a team of 200–500 employees. Their business model centers on essential wireless services, monthly plans and device/accessory sales, offerings that tend to generate recurring customer traffic. That means consistent foot traffic, dependable lease payments and a tenant with a history of managing multiple retail locations successfully.
The property features approximately 13 on-site parking spaces plus one handicap space, two points of ingress and egress, and a monument sign at the signalized corner. Its proximity to the 105 and 110 Freeways provides convenient access for commuters.
This offering is ideal for an investor seeking a NNN property with a strong international credit tenant and a national tenant with over 200 locations. With minimal management requirements, this well-located center presents a compelling opportunity in a high-traffic area.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
C
Year Built
1987
Price
$3,181,774 CAD
Price Per SF
$795.44 CAD
Cap Rate
6.31%
NOI
$200,681 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use
Parking
13 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
153’ on E Imperial Hwy

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Air Conditioning

NEARBY MAJOR RETAILERS

Superior Grocers
Bank of America
Smart & Final

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6072-004-026
Land Assessment
$2,269,391 CAD
Improvements Assessment
$1,081,741 CAD
Total Assessment
$3,351,132 CAD
  • Listing ID: 35337523

  • Date on Market: 2025-04-01

  • Last Updated:

  • Address: 600-602 E Imperial Hwy, Los Angeles, CA 90059

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