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Circle K / 76 Gas Station 801 S Hoover St 4,400 SF 100% Leased Retail Building Los Angeles, CA 90005 $9,557,120 CAD ($2,172.07 CAD/SF) 6.09% Cap Rate
INVESTMENT HIGHLIGHTS
- This is an rare opportunity to own an excellent commercial property with business in the heart of Koreatown.
- The building, completely rebuilt in 2020, is in practically brand new condition.
- The property offers significant upside potentials
- The property includes a 76 Service Station with a Circle K convenience store.
- The property is located at Hoover Blvd and 8th Street, where USC has been extensively expending construct along Hoover Blvd towards Koreatown.
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Service Station
Building Size
4,400 SF
Building Class
C
Year Built
1969
Price
$9,557,120 CAD
Price Per SF
$2,172.07 CAD
Cap Rate
6.09%
NOI
$582,415 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.41 AC
Zoning
LAC2 - Commercial
Parking
9 Spaces (2.05 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (83)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,555,591 CAD | |
| Land Assessment | $4,307,135 CAD | Total Assessment | $5,862,726 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,307,135 CAD
Improvements Assessment
$1,555,591 CAD
Total Assessment
$5,862,726 CAD
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Circle K / 76 Gas Station | 801 S Hoover St
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