502 Rosecrans AveCompton, CA 90222
High-ROI Gas Station & Convenience Store
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Investment-grade 76-branded gas station and convenience store in Compton, CA.
- Absolute NNN lease with creditworthy tenant, United Pacific (a Phillips 66 and Fortress Investment Group joint venture), with 9.6 years remaining and three 5-year options, including a 7.5% rent increase in July 2029 and each option period.
- High barriers to entry due to irreplaceable location.
- Long-term operating history (approximately 50 years).
- Strong underlying value in an infill location.
- Excellent access and visibility in a prime Los Angeles market, serving a population of 222,536 with an average household income of $103,841 within a 3-mile radius.
Property Details for 502 Rosecrans Ave
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 479 SF
- Year Built
- 1949
- Lot Size (sq. ft)
- 7,841 SF
Location Insight
- City
- Compton
- County
- Los Angeles
- State
- California
- Latitude
- 33.9030494
- Longitude
- -118.2325305
Nearby Similar for Sale
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