502 Rosecrans Ave Compton, CA 90222
- Gas stations
- 456 SF
- 0.18 lot acres
Current Use by Public Records
- 76 / Gas Station / Atm
- Rapid / Convenience Store / Gas Station
- ATM / Atm
- Rocket / Convenience Store / Atm
Property Details for 502 Rosecrans Ave
- Year built
- 1949
- Lot size
- 0.18 lot acres
- Property size
- 456 SF
- Zone code
- COCM*
- Property type
- Gas stations
- APN
- 6151-016-010
- APU
- 6151016010
Description
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.
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
- Compton
- County
- Los Angeles
- State
- California
- Longitude
- -118.233
- Latitude
- 33.9031
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
