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995 Los Osos Valley Rd
Los Osos, CA 93402

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
1,642 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.46 AC
Zoning
CR - Commercial Retail
Parking
4 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
99 FT on Los Osos Valley Rd

Amenities

  • Pylon Sign
  • Signage

About 995 Los Osos Valley Rd , Los Osos, CA 93402

We are pleased to offer to qualified investors an opportunity to purchase a single tenant Absolute NNN Shell Gas Station that is strategically located in Los Osos, CA. Backed by an established gas station operator, the lease is comprised of a 20 year primary term with 10% rental increases every 5 years. There are approximately 10 years remaining in primary term. There are 4 - 5 year options with 10% rental increases each option, providing an investor with excellent inflation protection along the life of the lease. The station is situated within an established trade area that includes national retailers such as Rite Aid, Chase Bank, Ralphs, Starbucks, Ace Hardware, and Chevron. Shell is one of the six oil and gas “supermajors” and is the fifth-largest company in the world measured by 2015/2016 revenues (and the largest in Europe). It has operations in over 90 countries and generates approximately $265 Billion in revenue. This is an excellent opportunity to purchase a well established gas station brand, backed by a strong operator, on an absolute NNN lease that offers attractive annual rental increases and zero management obligations within a coastal California market with high barriers to entry.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
074-331-020
Land Assessment
$1,591,812
Improvements Assessment
$530,604
Total Assessment
$2,122,416
  • Listing ID: 11532218

  • Date on Market: 2/8/2018

  • Last Updated:

  • Address: 995 Los Osos Valley Rd, Los Osos, CA 93402

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