10211 Alondra Blvd - Service Station FOR SALE


Bellflower, CA 90706
$3,304,348 USD
404-923-1486
10211 Alondra Blvd, Bellflower, CA for Sale
$3,304,348 USD
Service Station - FOR SALE
1/7
null | 5.75% Cap Rate

10211 Alondra Blvd
Bellflower, CA 90706


HIGHLIGHTS

  • Business Not For Sale
  • Strong Tenant | 511 Retail Gas Stations Under the Brands of Rocket, United Oil or United Pacific in CA, CO, NV, OR & WA
  • Absolute NNN Lease | Zero Landlord Obligations | Rental Increase of 7.50% in July 2029 & in Each of the Three, 5-Year Renewal Options
  • Long-Term Operating History
  • Irreplaceable CA Location (Los Angeles MSA) with Barriers to Entry for New Gas Competitors
  • Part of the Larger United Pacific Portfolio | Available Individually or as a Portfolio

OVERVIEW

CBRE is pleased to offer for sale the United Pacific Portfolio, which is comprised of 14 sites across California. With an average operating history of ~50 years, the sites are subject to a ±9.6-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). Each of the sites are well-positioned within three major California markets (Los Angeles, Riverside & San Diego). The offering provides investors an opportunity to acquire well-established gas station sites with high barriers to entry for competitors and strong underlying intrinsic value. The offering also provides investors the benefit of fee simple ownership of the building and land, allowing for the potential benefits of bonus depreciation. Headquartered in Long Beach, California, CF United LLC operates 511 retail gas stations under the brands of Rocket, United Oil or United Pacific in California, Colorado, Nevada, Oregon and Washington. The properties are being offered individually or as a portfolio.

FOR SALE DETAILS

PRICE

$3,304,348 USD

PRICE/SF

$11,014 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United Pacific - 76: Bellflower, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

CG

APN/PARCEL ID

6275-001-037

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-923-1486

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Christopher BosworthCBRE, Inc.More Info
404-923-1486

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.