Log In/Sign Up
Your email has been sent.
6322 Westminster Blvd 2,155 SF 100% Leased Retail Building Westminster, CA 92683 $6,197,885 CAD ($2,876.05 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Location SEC of Westminster Ave & Willow Ln, just off I-405 with ±262,700 daily vehicles.
- Attractive Financials Price: $5,550,000 | Cap Rate: 4% | Current Annual Rent: $222,000 with CPI escalations.
- Strong Tenant & Lease Apro, LLC (Rocket/United Oil, 76 branding) on a 15-year absolute NNN ground lease starting July 2025.
- Quality Asset & Demographics ±0.59-acre parcel, ±1,189 SF building, high-income trade area (median HH income $107K within 1 mile).
EXECUTIVE SUMMARY
Ownership of this ground lease offers a stable income stream with annual CPI increases (2% minimum, 9% maximum) and a minimum gallonage rent equal to the greater of $1,500 per month or 0.015 cents per gallon over 50,000 gallons. The property is a newly remodeled gas station with a long-term, credit tenant in a high-traffic, prime Orange County location. The lease structure is fully NNN, minimizing landlord responsibilities and providing predictable cash flow.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,155 SF
Building Class
C
Year Built
1964
Price
$6,197,885 CAD
Price Per SF
$2,876.05 CAD
Cap Rate
5%
NOI
$309,894 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.59 AC
Parking
16 Spaces (7.42 Spaces per 1,000 SF Leased)
Frontage
153’ on Westminster Blvd
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 195-261-03 | Improvements Assessment | $539,326 CAD |
| Land Assessment | $347,094 CAD | Total Assessment | $886,420 CAD |
PROPERTY TAXES
Parcel Number
195-261-03
Land Assessment
$347,094 CAD
Improvements Assessment
$539,326 CAD
Total Assessment
$886,420 CAD
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
6322 Westminster Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.