OFFERING PRICE:

$2,667,000


OCCUPANCY:
100%
FEATURED LISTING:
G & M Oil
15971 Goldenwest Street, Huntington Beach, CA
INVESTMENT HIGHLIGHTS
 
Long Term Lease – Long-term lease with G&M Oil
 
» G&M is on a 40-year lease (4 years remaining, plus one, 5-year option to extend with CPI increases every two years
 
Excellent Regional Credit STNL100% leased to operator G&M Oil on a long-term corporate lease
 
» Founded in 1969, G&M Oil is one of California’s largest independently owned retail fuel station companies 
 
Improving Returns – Due to embedded increases, the NOI is projected to increase +150% ($132,000) over the hold period, providing an excellent hedge against inflation, especially compared to other “flat” STNL opportunities 
 
Low Management Offering – STNL with regional credit on a long-term lease provides an excellent, low management investment opportunity 
 
High Visibility, High Traffic Location – G&M Oil is well positioned at the signalized hard corner of Goldenwest Street and Edinger Ave, two primary arterials in the trade area with a combined traffic count exceeding 51,800 cars per day
 
You Can’t Do this Online! – G&M Oil provides an essential service not conducive to internet transactions 

 

 
FOR MORE
INFORMATION
PLEASE CONTACT:
 
NRP-WEST
PHILIP D. VOORHEES
+1 949 725 8521
Lic. 01252096
phil.voorhees@cbre.com
 
MEGAN WOOD
+1 949 725 8423
Lic. 01516027
megan.wood@cbre.com

 
ERIC SHAIN
+1 949 809 3758
Lic. 02050566
eric.shain@cbre.com
 

THIS IS A MARKETING COMMUNICATION

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.


All of CBRE's COVID-19 related materials have been developed with information from the World Health Organization, the Centers for Disease Control & Prevention (and similar global organizations), public health experts, industrial hygienists, and global subject matter experts across CBRE and our strategic suppliers. Our materials may not be suitable for application to all facilities or situations.

Ultimately, occupiers and landlords must make and implement their own reopening decisions for their individual stakeholders and facilities. CBRE's guidance is intended to help facilitate those discussions and expedite the implementation of those decisions once made by the client. We make no representations or warranties regarding the accuracy or completeness of these materials. CBRE cannot ensure safety and disclaims all liability arising from use of these materials.
View as Webpage