305 W Anaheim St - Service Station FOR SALE
Wilmington, CA 90744 |
$2,608,696 USD
703-477-1315
305 W Anaheim St
Wilmington, CA 90744
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 20+ years.
- Irreplaceable location with high barriers to entry for new gas competitors.
- Infill location with strong underlying intrinsic value.
OVERVIEW
CBRE is pleased to offer for sale the 1,640 SF United Pacific fuel and convenience store located on .30 acres in Pomona, 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).
FOR SALE DETAILS
PRICE
$2,608,696 USD
PRICE/SF
$1,591 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
United Pacific: Wilmington, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.3 AC
LAND SF
13,068 SF
ZONING
C2-1
APN/PARCEL ID
7416-031-001
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703-477-1315
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703-477-1315
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