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Property profile & analytics
FOR SALE
Gas stations

301 W Los Angeles Ave Moorpark, CA 93021

2,300 SF 0.74 ac lot Built 1993
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-1129181
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a 2,300 square foot, single-story 7-Eleven gas station situated on a 0.74-acre lot in Moorpark, California. The property boasts six gas pumps and benefits from a strong, 100% occupancy rate under a NNN lease with 8.7 years remaining, expiring July 31, 2033, with two five-year options at fair market value. The lease commenced December 3, 1992, and includes a favorable 3% annual rent increase, providing a hedge against inflation. Built in 1993 and renovated in 2023, this asset is located at the signalized intersection of Los Angeles Avenue and Park Lane, offering excellent visibility and accessibility. The property is part of a larger shopping center, Mission Bell Plaza, with strong co-tenancy including Grocery Outlet, Fitness 19, Tractor Supply, Dollar Tree, Carl's Jr., El Pollo Loco, AutoZone, and Wells Fargo. Moorpark is a high-income area, with average household incomes exceeding $139,625 within a 1-mile radius, $177,707 within 3 miles, and $171,949 within 5 miles. The city's General Plan is undergoing amendments to allow for increased density along Los Angeles Avenue, further enhancing the property's long-term value. The asking price is $4,635,000, representing a 5.00% cap rate. The property's APN is 5110080455. This is a core investment with an investment-grade tenant (S&P: AA-).

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1993
Total area 2,300 SF
Lot 0.74 ac (32,234 SF)
Zoning code CPD
APN 511-0-080-455
UPID US10-1129181
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shell Gas Station
  • Food Mart Discount Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$790k
Owner & transaction history
Mb Plaza East LLC · 10 yrs held
Mb Plaza East LLC
since 2015
6 recorded transactions
2021
Price N/A
2018
Price N/A
2015
$1.8M
2011
Price N/A
2005
Price N/A
2004
Price N/A
Zoning & alternative use
CPD · Moorpark, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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