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600 N Garfield Ave
Alhambra, CA 91801
United Pacific: Alhambra, CA · Retail Property For Sale
Investment Highlights
- The site is subject to a ±7.9-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).
- Operating history of 63+ years.
- Irreplaceable location with high barriers to entry for new gas competitors.
- Infill location with strong underlying intrinsic value.
Executive Summary
CBRE is pleased to offer for sale the 1,128 SF United Pacific fuel and convenience store located on 0.34 acres in Alhambra, CA - a component of the Los Angeles-Long Beach-Anaheim, CA MSA. The site is subject to a ±7.9-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
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,128 SF
Building Class
C
Year Built/Renovated
1963/2011
Price
$8,497,427 CAD
Price Per SF
$7,533.18 CAD
Cap Rate
5.50%
NOI
$467,358 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.34 AC
Parking
14 Spaces (12.41 Spaces per 1,000 SF Leased)
Frontage
49’ on Garfield Ave
Amenities
- Signalized Intersection
Property Taxes
| Parcel Number | 5322-032-027 | Improvements Assessment | $2,746,339 CAD |
| Land Assessment | $2,288,617 CAD | Total Assessment | $5,034,956 CAD |
Property Taxes
Parcel Number
5322-032-027
Land Assessment
$2,288,617 CAD
Improvements Assessment
$2,746,339 CAD
Total Assessment
$5,034,956 CAD
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