8510 Rosecrans Ave - Service Station FOR SALE


Paramount, CA 90723
$4,727,273 USD
404-923-1486
8510 Rosecrans Ave, Paramount, CA for Sale
$4,727,273 USD
Service Station - FOR SALE
1/6
null | 5.5% Cap Rate

8510 Rosecrans Ave
Paramount, CA 90723


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
  • Irreplaceable Paramount, CA Location (Los Angeles MSA) with Barriers to Entry for New Gas Competitors
  • Hard Corner Site | Signalized Intersection of Downey Ave (16,421 VPD) & Rosecrans Ave (27,500 VPD) | 1 Mile From I-105 (230,000 VPD)
  • 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

$4,727,273 USD

PRICE/SF

$3,320 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United Pacific-76: Paramount, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

PAC3*

APN/PARCEL ID

6268-004-019

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.