11699 San Vicente Blvd
Los Angeles, CA 90049

This triangle shaped property on the northeast corner of San Vicente Blvd. and Barrington Ave. is enhanced with a CUP for gas station use and room to add a convenience store thereby increasing the rental potential. Currently, there are two canopies with a total of twelve fuel stations and a small payment booth. The Property has four curb cuts providing access on both Barrington Ave. and Gorham Pl. The Property is 100% leased to Moller Retail Inc, DBA Coserv Fuel. Considered a gem of the Moller portfolio (known as USA Gas/USA Petroleum), this location was excluded from their portfolio sales to Chevron and Tesoro Corp. This site's profile was elevated when then senator Obama used this site's bio-fuel focus as an example of changes planned in his Presidential campaign platform. The lease income stream provides an inflation hedge of 2.5% annually and an upside market rent reset for both extension options (the first option rental increase is slated for 3/1/2023). Go to: https://buildout.com/website/377895-sale for Bid information and due diligence info.