Contact Broker For Actual Addresses Los Angeles, CA 90291
- Retail properties
- 1,500 SF
- 0.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Contact Broker For Actual Addresses
- Year built
- 2000
- Lot size
- 0.50 lot acres
- Property size
- 1,500 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional portfolio offers over 50 gas stations and convenience stores throughout California, representing a lucrative investment opportunity. The properties, ranging from 1,500 to 3,000 square feet, boast a 10% cap rate and a strong $500,000 annual net operating income (NOI). Currently operating at 100% occupancy, these Class A assets feature 1-story buildings on 0.5 to 1-acre lots, built between 2000 and 2015 (with renovations in 2015). Each location includes 9 gas pumps and is a single-tenant property. Major brands represented include Shell, Chevron, 76 Gas, Arco, BP, and Mobil. The properties are offered as a business-only sale, with seller financing available (25% down). Many sites offer additional development potential, and the turnkey operation includes experienced employees. Ideal for 1031 exchanges, these properties offer a rare opportunity to acquire a diverse portfolio of high-performing assets. Escrow can close within 30 days. Contact us to receive specific property addresses and further details.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.473
- Latitude
- 33.9878
