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29948497
29948496

600 E Imperial Highway, Los Angeles, CA 90059

OS
CA CA 01980838
KW Commercial L.A. Westside
DY
CA 01102638
KW Commercial L.A. Westside
ES
CA 01984661
KW Commercial L.A. Westside
Listed by KW Commercial L.A. Westside
$2,295,000
1716 days on market
Updated 82 days ago
Opportunity zone

Corporate 7-Eleven (Dollar Hub) Anchored NNN Center

Details
APN 6072-004-026
Property Type Retail
Sub Type Convenience Store, Storefront (+1)
Square Footage 4,000
Units 3
Cap Rate 6.40%
NOI $145,866
Occupancy 100%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 6.80%
Pro-Forma NOI $155,469
Price per SqFt $211
Year Built 1987
Buildings 1
Stories 1
Lot Size (SqFt) 10,893
Zoning LAC2
Parking Spaces 14 spaces
Parking Per SqFt 3.50

Retail | 4,000 SqFt | Signalized Corner

Marketing description

This approximately 4,000-square-foot retail shopping center is strategically positioned on a 10,893-square-foot signalized corner lot, offering a versatile space suitable for a variety of business ventures. The property boasts a prime location at a bustling signalized intersection with impressive traffic counts of approximately 50,000 vehicles per day, ensuring high visibility and steady customer flow.

The center is currently leased to two tenants: Dollar Hub (a Subleasee of 7-Eleven Corporate) and Spacetel LLC, a wireless retailer. Additional income is generated from a double-sided billboard.

Spacetel LLC brings strong, proven retail presence to your property. As a premium authorized retailer for Cricket Wireless, Spacetel operates more than 200 stores across California, Oregon, Colorado and Arizona, supported by a team of 200–500 employees. Their business model centers on essential wireless services, monthly plans and device/accessory sales, offerings that tend to generate recurring customer traffic. That means consistent foot traffic, dependable lease payments and a tenant with a history of managing multiple retail locations successfully.

The property features approximately 13 on-site parking spaces plus one handicap space, two points of ingress and egress, and a monument sign at the signalized corner. Its proximity to the 105 and 110 Freeways provides convenient access for commuters.

This offering is ideal for an investor seeking a NNN property with a strong international credit tenant and a national tenant with over 200 locations. With minimal management requirements, this well-located center presents a compelling opportunity in a high-traffic area.

Investment highlights

  • Approximately 4,000 sf retail shopping center on 10,893 sf la-c2 zoned corner lot.
  • Subject property offers 2 points of ingress & egress with a monument sign located at the signalized corner.
  • Great accessibility; conveniently located just north of the 105 freeway & east of the 110 freeway
  • Good car traffic counts; approx. 50,000 cars per day at this signalized intersection.
  • 7-eleven corporate guaranteed lease through December 2026
  • Property provides good on-site parking, in addition to ample street parking.
  • Additional income from a double sided billboard
  • Outstanding demographics; over 40,000 people reside within a 1-mile radius & over 400,000 people reside within a 3-mile radius.
  • Additional income from double-sided billboard in the parking lot
  • Parking: Approx. 13 on-site spaces + 1 handicap space
  • Ideal NNN investment with strong credit tenancy & minimal management
  • Attractive opportunity in a high-traffic, high-visibility location

Listing Contacts

OS
CA CA 01980838
KW Commercial L.A. Westside
DY
CA 01102638
KW Commercial L.A. Westside
ES
CA 01984661
KW Commercial L.A. Westside
Listed by KW Commercial L.A. Westside

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$145,866.00
$12,155.50/mo

Valuation Metrics

0
DSCR
6.36%
Cap Rate
6.36%
ROI

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Additional Information

Name
Omid Saleh
License
CA 01980838
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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