2440 Anaheim St Long Beach, CA 90804

This exceptional investment opportunity presents a 1,097 square foot, single-tenant, 76-branded gas station and convenience store located at 2440 E Anaheim St, Long Beach, CA 90804. The property sits on a 0.34-acre lot and includes six gas pumps and one parking space. Currently operating under an absolute NNN lease with United Pacific, a joint venture between subsidiaries of Phillips 66 and Fortress Investment Group, LLC, this property boasts a strong 9.6 years remaining on a 20-year lease, commencing July 1, 2014, and expiring June 29, 2034. The lease includes three, five-year renewal options with a 7.50% rent increase in July 2029 and in each option period. The property offers a compelling 5.75% cap rate with a current Net Operating Income (NOI) of $170,000 and an asking price of $2,956,522. Built in 1956, this well-established business benefits from fee simple ownership of the land and building, allowing for potential bonus depreciation advantages. The property's location within a major California market provides excellent access and visibility, serving a community with a strong average household income. This is an ideal investment for those seeking a stable, high-performing asset with significant long-term potential. The business itself is not for sale