Listed by Petroleum Realty Group ®
$3,615,000
76 Gas United Pacific (Rocket) | Absolute NNN | LA County
Details
APN 6275-001-037
Property Type Retail
Sub Type Convenience Store, Gas Station
Net Rentable (SqFt) 18,357
Pumps 7
Cap Rate 5.26%
NOI $190,000
Tenancy Single
Brand/Tenant 76 Gas
Lease Type Absolute NNN
Lease Expiration 06/30/2034
Remaining Term 8.1
Rent Bumps Yes
Lease Options 3 x 5
Lot Size (SqFt) 18,357
Investment Type Net Lease
United Pacific 76 Rocket Gas Retail Investment
Marketing description
PLEASE CALL ME OR TEXT ME (408)722-1857 FOR AN OFFERING MEMORANDUM
Investment Overview:
United Pacific: 10211 Alondra Blvd, Bellflower, CA 90706
- Price: $3,615,000
- Cap Rate: 5.25% (NOI $190,000)
- Building Size: 1,300 SF
- Lot Size: 0.44 AC
Investment highlights
- The site is subject to a ±8.8-year absolute NNN lease.
- Rental increases of 7.50% in July 2029 and in each of the three 5-year options.
- Strong operating history of over 65 years.
- Infill location with high barriers to entry for new competitors.
Executive Summary:
Petroleum Realty Group is offering this fuel and convenience store for sale within the Los Angeles-Long Beach-Anaheim MSA.
Please note that the business itself is not for sale; this is a real estate investment only.
Listing Contacts
Listed by Petroleum Realty Group ®
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$190,000.00
$15,833.33/mo
Valuation Metrics
0
DSCR
5.26%
Cap Rate
5.26%
ROI
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