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15904 Lakewood Blvd Bellflower, CA 90706

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Thirteen gas station sites in California with long operating history.

Property size:
17,102 SF
Lot size:
7.57 Acres

Property Features for 15904 Lakewood Blvd

General Information

Standard status
Active
Size
17,102 SF
Lot size
7.57 Acres

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Listing Contact
Chris Bosworth
Chris Bosworth
Source: Crexi

Listing Agency: CBRE - Atlanta Listing Agent: Chris Bosworth

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

California Gas Station Portfolio

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.
Location Intelligence

Current Use by Public Records

76 Car Wash United Oil Gas Station CoinFlip Bitcoin ATM Atm Rocket Car Wash Amazon Hub Locker ... Postal Service

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Bellflower
County
Los Angeles
State
California
Longitude
-118.1422951
Latitude
33.8889554

FAQs

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 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.
More about this property
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