Log In/Sign Up
Your email has been sent.
United Pacific: Monrovia, CA 902 W Foothill Blvd 775 SF Retail Building Monrovia, CA 91016 $4,281,496 CAD ($5,524.51 CAD/SF) 5.75% Cap Rate
Investment Highlights
- The site is subject to a ±8.9-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 65+ 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 775 SF United Pacific fuel and convenience store located on 0.41 acres in Monrovia, CA - a component of the Los Angeles-Long Beach-Anaheim, CA MSA. The site is subject to a ±8.9-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
Property Type
Retail
Property Subtype
Service Station
Building Size
775 SF
Building Class
C
Year Built
1960
Price
$4,281,496 CAD
Price Per SF
$5,524.51 CAD
Cap Rate
5.75%
NOI
$246,186 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.41 AC
Zoning
MOCG*
Parking
2 Spaces (2.58 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8505-028-028 | Improvements Assessment | $355,719 CAD |
| Land Assessment | $1,755,908 CAD | Total Assessment | $2,111,627 CAD |
Property Taxes
Parcel Number
8505-028-028
Land Assessment
$1,755,908 CAD
Improvements Assessment
$355,719 CAD
Total Assessment
$2,111,627 CAD
Contacts
-
Thomas Carr -
Brian Pfohl -
Ty Grenier -
Christopher Bosworth -
Leah Lindell -
Ryan Gurman -
Brian Yoshimura -
Kaitlyn Wolf -
CBRE
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
United Pacific: Monrovia, CA | 902 W Foothill 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.