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United Pacific - 76: Bellflower, CA 10211 Alondra Blvd

300 SF Retail Building Bellflower, CA 90706 $3,304,348 ($11,014/SF) 5.75% Cap Rate

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
300 SF
Building Class
C
Year Built
1959
Price
$3,304,348
Price Per SF
$11,014
Cap Rate
5.75%
NOI
$190,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Land Acres
0.44 AC
Zoning
CG - Commercial
Frontage
265 FT on Alondra Blvd
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The YMCA
ALDI
Smart & Final
U.S. Bank
Chase Bank
Curves
LA Fitness
Blink Fitness
Denny's
Vallarta Supermarkets

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6275-001-037
Land Assessment
$1,179,420
Improvements Assessment
$107,219
Total Assessment
$1,286,639
  • Listing ID: 33564701

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 10211 Alondra Blvd, Bellflower, CA 90706

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