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- LoopNet Team
6020 Arlington Ave
Riverside, CA 92504
United Pacific - 76 · Retail Property For Sale
PROPERTY FACTS
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
About 6020 Arlington Ave , Riverside, CA 92504
The subject investment is a United gas station located at 6020 Arlington Avenue in Riverside, CA. The property is subject to a 20-year triple net (NNN) lease with no landlord responsibilities. There are roughly 14.7 years remaining on the initial term of the lease with three, five-year tenant renewal options. The current rent is $140,047 and is subject to a 7.5 percent in 2024 and 2029. Please note that the property is currently undergoing active remediation, however the tenant provides a full indemnification. TENANT SUMMARY The tenant is Apro, Limited Liability Company (LLC), doing business as (dba) United Pacific. “United” or “Tenant”, is a California based retail petroleum platform that owns and operates 379 strategically located, high volume retail locations throughout California, Colorado, Nevada, Oregon, and Washington. Roughly half of these locations are concentrated in Southern California, primarily in the counties of Los Angeles, San Diego, and Orange. The fuel brands offered through the Company’s locations include its proprietary “United Oil” brand, Conoco, Phillips 66 (76 brand), Shell, and Valero. In addition to the fuel brands, the convenience stores also operate as My Goods Market and Circle K brands. Additionally, an affiliate of tenant operates a wholesale and transportation division servicing other retailers and commercial customers throughout the region. With annual volume of approximately 550 million gallons, United is one of the largest and most strategic networks on the west coast.
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PROPERTY TAXES
Parcel Number | 227-022-042 | Improvements Assessment | $548,706 |
Land Assessment | $288,791 | Total Assessment | $837,497 |
PROPERTY TAXES
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Listing ID: 17654559
Date on Market: 11/6/2019
Last Updated:
Address: 6020 Arlington Ave, Riverside, CA 92504
The Retail Property at 6020 Arlington Ave, Riverside, CA 92504 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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