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.