United Pacific: Lynwood, CA
Retail | 6.00% CAP | 719 SqFt
Marketing description
CBRE is pleased to offer for sale the 719-square-foot United Pacific gas station and convenience store positioned on 0.43 acres in Lynwood, California — part of the Los Angeles MSA (MSA Population: 13M+). The site is subject to a ±8.5-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the three, 5-year renewal options.
Business is not for sale
Investment highlights
Absolute NNN Lease with Increases: The site is subject to a ±8.5-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).
High Barriers to Entry: Irreplaceable location with high barriers to entry for new gas competitors.
Long-Term Operating History: Operating history of 37+ years.
Intrinsic Underlying Value: Infill location with strong underlying intrinsic value.
Los Angeles MSA Advantage
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