Building Details

Tenancy Single

Listing Agency: NAI San Diego r***@fortisnetlease.com Show Phone

Listed By: D.R. “Bernie” Bernard · License #CA 01318918

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Apr 10 at 11:09PM

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Investment Insights

Based on property information with market context.

This freestanding ARCO gas station is located at 4498 Bonita Road in Bonita, California. The property is subject to a 20-year absolute NNN lease that began in November 2015 and runs through October 2035. The lease provides 1.75% annual rent increases during years three through fifteen, followed by five-year and seven-year option periods.

The tenant is responsible for property taxes, insurance, and capital expenditures, including the roof, structure, and HVAC systems. The operator has 20 years of sales history. Nearby national retailers identified in the property information include Rite Aid, Vons, Chase Bank, and Sylvan Learning.

Key Highlights

• 20‑year absolute NNN lease commenced in November 2015 and expires in October 2035
• 1.75% annual rent increases apply during years 3‑15
• Tenant pays property taxes, insurance, roof, structure, HVAC, and other capital expenditures

Property Analytics

Property Profile

Current Use

ARCO Gas Station ampm Grocery & Convenience Store

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Building Supply Parking Lot & Garage Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

776

Businesses Nearby

172k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 43% Groceries 29% Shops & Services 28%

VONS Groceries

49,696 visits/mo 0.0 miles

Dollar Tree Shops & Services

27,413 visits/mo 0.2 miles

McDonald's Dining

22,854 visits/mo 0.1 miles

Better Buzz Coffee Roasters Dining

22,806 visits/mo 0.5 miles

Jack in the Box Dining

14,928 visits/mo 0.5 miles

Demographics for 91902, CA

17,902

Population

6,277

Households

2.9

Avg Household Size

44

Median Age

42%

College-Educated

92%

High-School Grad

11.2 sq mi

ZIP Area

1,598

Density / Sq Mi

$121,727

Median Household Income

$54,029

Median Earnings

$2,252

Median Rent

$916,100

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Gas station - Freestanding fueling facility leased under an absolute NNN structure with tenant-paid property expenses and capital obligations.

Where is this gas station located?

The property is located at 4498 Bonita Road Bonita, CA.

What are key features of this property?

This property features: 20‑year absolute NNN lease commenced in November 2015 and expires in October 2035; 1.75% annual rent increases apply during years 3‑15; Tenant pays property taxes, insurance, roof, structure, HVAC, and other capital expenditures