1540 Foothill Blvd - Service Station FOR SALE


La Canada Flintridge, CA 91011
$4,300,000 USD
310-492-8413
1540 Foothill Blvd, La Canada Flintridge, CA for Sale
$4,300,000 USD
Service Station - FOR SALE
1/1
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1540 Foothill Blvd
La Canada Flintridge, CA 91011


HIGHLIGHTS

  • Continuously operated as a gas station for 75+ years
  • Short Lease with one (1) options to extend providing large upside in the near future and/or Owner/User
  • Surrounded by national retailers such as 7-Eleven, El Pollo Loco, Panera Bread, etc.
  • Strong demographics with average household income of over $155,000 in a two mile radius and average household income of over $129,000
  • Located on a major retail thoroughfare (Foothill Blvd) with ingress/egress on Foothill Blvd and Alta Canada Rd

OVERVIEW

Kidder Mathews is pleased to present an Exclusive Investment Offering for the Fee Simple Interest (Land only) ground leased to a single-unit gas station operator (“Tenant”) at 1540 Foothill Blvd, La Cañada Flintridge, CA 91011 (“Property”). The Property is located in a dense retail thoroughfare with traffic counts approximately 16,900 per day surrounded by national retailers. Do not disturb tenant without prior consent.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$1,929 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,904 SF

ZONING

LFC3*

APN/PARCEL ID

5813-007-001

ASK ABOUT THIS PROPERTY

Justin MendelsonKidder MathewsMore Info
310-492-8413

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Justin MendelsonKidder MathewsMore Info
310-492-8413

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