United Pacific: Van Nuys, CA
Retail | 5.75% CAP | 200 SqFt
Marketing description
CBRE is pleased to offer for sale the 200-square-foot United Pacific gas station and convenience store positioned on 0.30 acres in Van Nuy, 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 29+ years.
Intrinsic Underlying Value: Infill location with strong underlying intrinsic value.
Los Angeles MSA Advantage
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
