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502 Rosecrans Ave Compton, CA 90222

Sponsored
For Sale
$1,826,087

High-ROI Gas Station & Convenience Store

Property size:
479 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 479 sq ft 76-branded gas station and convenience store in Compton, CA. Located at 502 W Rosecrans Ave, 90222, this property boasts a 9.6-year remaining lease term (expiring 06/29/2034) with a strong, creditworthy tenant, United Pacific, under an absolute NNN lease. The lease includes three 5-year renewal options with a 7.5% rent increase in July 2029 and each option period. The property features 3 gas pumps, 4 parking spaces, and sits on a 0.18-acre lot. Built in 1949, this asset generates a substantial NOI of $105,000, representing a 5.75% cap rate on the $1,826,087 asking price. The property benefits from fee simple ownership, offering potential bonus depreciation advantages. This well-established business enjoys high barriers to entry and is situated in a prime location within a major California market, providing excellent access and visibility. The property is 100% occupied and offers a secure, long-term investment opportunity with significant upside potential.

Property Features for 502 Rosecrans Ave

General Information

Property type
Automotive properties
Square Feet
479 SF
Lot Size
7,841 SF

Building Details

Year Built
1949

HighLights

  • Investment‑grade 76‑branded gas station and convenience store in Compton, CA.
  • Absolute NNN lease with creditworthy tenant, United Pacific (a Phillips 66 and Fortress Investment Group joint venture), with 9.6 years remaining and three 5‑year options, including a 7.5% rent increase in July 2029 and each option period.
  • High barriers to entry due to irreplaceable location.
  • Long‑term operating history (approximately 50 years).
  • Strong underlying value in an infill location.
  • Excellent access and visibility in a prime Los Angeles market, serving a population of 222,536 with an average household income of $103,841 within a 3‑mile radius.
Property Profile Location Intelligence

Current Use by Public Records

76 Gas Station Rapid Convenience Store ATM Atm Rocket Convenience Store

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Compton
County
Los Angeles
State
California
Longitude
-118.2325305
Latitude
33.9030494

FAQs

What type of property is this?
Automotive property - High-ROI Gas Station & Convenience Store
Where is this automotive property located?
The property is located at 502 Rosecrans Ave Compton, CA.
What is the asking price?
The asking price for this property is $1,826,087.
What are key features of this property?
This property features: Investment-grade 76-branded gas station and convenience store in Compton, CA.; Absolute NNN lease with creditworthy tenant, United Pacific (a Phillips 66 and Fortress Investment Group joint venture), with 9.6 years remaining and three 5-year options, including a 7.5% rent increase in July 2029 and each option period.; High barriers to entry due to irreplaceable location.
More about this property
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