California Gas Station
For Sale
Contact for pricing
Pending
15904 Lakewood Blvd, Bellflower, CA 90706
Thirteen gas station sites in California with long operating history.
Property Size17,102 SF
Days on Market206
Property Features for 15904 Lakewood Blvd
General Information
Standard status
Pending
Size
17,102 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$2,663,584
Building Details
Tenancy
Single
Listing Agency:
CBRE - Atlanta
(404) 504-7893
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: Jan 29
Changed: Aug 8
Last Checked: Aug 22 at 6:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Atlanta
Investment Insights
Based on property information with market context.
This offering features a portfolio of 13 gas station sites located throughout California. The sites have an average operating history of approximately 42 years. These locations were part of a sale-leaseback transaction in 2014. The properties are subject to an absolute NNN master lease with approximately 8.5 years remaining, including a 7.50% rent increase scheduled for 2029, and three 5-year renewal options with rent increases. The sites are positioned with access and visibility across major California markets, including Los Angeles, Riverside, and San Diego. The portfolio offers investors the opportunity to acquire established gas station sites with barriers to entry for competitors and underlying intrinsic value. Fee simple ownership of the building and land allows for potential bonus depreciation benefits. The tenant, CF United LLC (United Pacific), operates approximately 675 retail gas stations and convenience stores under various brands across 11 states.
Key Highlights
- Absolute NNN master lease with ±8.5‑year term remaining.
- Portfolio of 13 well‑established gas station sites in major California markets (Los Angeles, Riverside & San Diego).
- 7.50% rent increase in 2029 and three, 5‑year options to renew.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,227
Businesses Nearby
219k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Groceries 38%
Shops & Services 17%
Hotels & Casinos 1%
Stater Bros. Markets
Groceries
44,330 visits/mo
0.5 miles
Superior Grocers
Groceries
39,411 visits/mo
0.1 miles
McDonald's
Dining
32,729 visits/mo
0.2 miles
King Taco
Dining
28,536 visits/mo
0.1 miles
Starbucks
Dining
19,012 visits/mo
0.2 miles
Demographics for 90706, CA
79,179
Population
24,499
Households
3.2
Avg Household Size
36
Median Age
20%
College-Educated
78%
High-School Grad
6.1 sq mi
ZIP Area
12,980
Density / Sq Mi
$77,602
Median Household Income
$38,452
Median Earnings
$1,771
Median Rent
$661,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Thirteen gas station sites in California with long operating history.
Where is this gas station located?
The property is located at 15904 Lakewood Blvd Bellflower, CA.
What is the asking price?
The asking price for this property is $41,000,000.
What are key features of this property?
This property features: Absolute NNN master lease with ±8.5‑year term remaining.; Portfolio of 13 well‑established gas station sites in major California markets (Los Angeles, Riverside & San Diego).; 7.50% rent increase in 2029 and three, 5‑year options to renew.
