10707 Lower Azusa, El Monte, CA
Retail for Sale - $4,413,000 - 2,940 Sq. Ft. on 0.51 acres
Property Info
| CIMLS# | 921054 |
| Location 10707 Lower Azusa El Monte CA 91731 | |
| Updated | February 17th, 2018 |
| Type | Retail |
| Price | $4,413,000 |
| Building | 2,940 Sq. Ft. |
| Land | 0.51 acres |
Property Description
Tenant: 7-Eleven, Inc.
Lease Term Ends December 31, 2028
12% Rental Increase Effective January 1, 2024
2,940 SF Store with 4 Gasoline Pumps and 8 Dispensers
4% Cap Rate on Current Rent - Upside Potential
2 Successive Options to Extend for a Period
of 5 Years Each With 12% Increases
7-Eleven has Occupied Site Since 2004
NNN Lease
Current NOI is $176,520 ($14,710 Per Month)
Location Description:
El Monte, California
Highlights:
>> 2,940 Building on
