• Broker Thomas Carr 7034771315
  • Broker Christopher Bosworth 4044413849
  • Broker Brian Pfohl 4045047900
  • Broker Ty Grenier 4045040023
  • Broker Ryan Gurman 3106507545
  • Broker Joel Wilson 6192463107
  • Broker Leah Lindell 4048125136
  • Broker Eric Dyer 4045047900
  • Broker Brian Yoshimura 8185026736
  • Broker Abby Kelly 4049231460
  • Broker Kaitlyn Wolf 4048125299

United Pacific: Bellflower, CA 10211 Alondra Blvd

300 SF Retail Building Bellflower, CA 90706 £2,548,677 (£8,495.59/SF) 5.75% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • The site is subject to a ±9.4-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the options (3 x 5-year options).
  • Operating history of 65+ years.
  • Irreplaceable location with high barriers to entry for new gas competitors.
  • Infill location with strong underlying intrinsic value.

EXECUTIVE SUMMARY

CBRE is pleased to offer for sale the 300 SF United Pacific fuel and convenience store located on .44 acres in Bellflower, CA - a component of the Los Angeles-Long Beach-Anaheim, CA MSA. The site is subject to a ±9.4-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the options (3 x 5-year options).

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
300 SF
Building Class
C
Year Built
1959
Price
£2,548,677
Price Per SF
£8,495.59
Net Initial Yield
5.75%
NOI
£146,549
Tenancy
Single
Number of Floors
1
Building FAR
0.02
Lot Size
0.44 AC
Zoning
CG - Commercial
Frontage
265 ft on Alondra Blvd
Walk Score®
Very Walkable (74)

NEARBY MAJOR RETAILERS

The YMCA
Smart & Final
U.S. Bank
Chase Bank
LA Fitness
Blink Fitness
Denny's
Vallarta Supermarkets
Starbucks

PROPERTY TAXES

Parcel Number 6275-001-037 Improvements Assessment £82,699
Land Assessment £909,698 Total Assessment £992,397

Map of 10211 Alondra Blvd Bellflower, CA 90706

ADDITIONAL PHOTOS

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