For Sale
$4,000,000
16455 Victory Blvd Los Angeles, CA 91406
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Strong tenant: United Pacific, a joint venture of Phillips 66 and Fortress Investment Group subsidiaries, operating 511 gas stations.
- Absolute NNN leases with 7.5% rent increases in July 2029 and at each 5-year option renewal (3 options).
- High barriers to entry due to irreplaceable locations.
- Average operating history of approximately 50 years.
- Strong underlying value due to infill locations.
- 14 sites in prime Los Angeles, Riverside, and San Diego locations with excellent access and visibility.
Property Details for 16455 Victory Blvd
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 200 SF
- Year Built
- 1996
- Lot Size (sq. ft)
- 12,632 SF
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.1869142
- Longitude
- -118.4920551
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 16455 Victory Blvd Los Angeles, CA.
- What is the asking price?
- The asking price for this property is $4,000,000.
- What are key features of this property?
- This property features: Strong tenant: United Pacific, a joint venture of Phillips 66 and Fortress Investment Group subsidiaries, operating 511 gas stations.; Absolute NNN leases with 7.5% rent increases in July 2029 and at each 5-year option renewal (3 options).; High barriers to entry due to irreplaceable locations.
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