Chevron Strip Center | FOR SALE

2135 North San Fernando Road, Los Angeles, CA

$5,200,000

Price

6.49%

Cap Rate

$337,366

NOI

Overview
Cap Rate
6.49%
NOI
$337,366
Building Size
14,399 sqft
Lot Area
0.33 acres
Price Per Sqft
$361.14
Description

Sands Investment Group is Pleased to Present Exclusively For Sale the 14,399 SF Chevron Strip Center Located at 2135 North San Fernando Road in Los Angeles, CA. This Deal Includes a Strip Center Located Between Multiple Signalized Intersections That Has Recession and Pandemic Proof Tenants That Provide Added Security, Making This a Stable Investment Opportunity.

CHEVRON
Chevron Corp (Chevron) is an integrated oil and gas company. It operates in the oil and gas value chain including exploration and production, storage and pipeline transportation to refining, marketing and distribution of oil and gas products. The company produces and transports crude oil and natural gas; refines markets and distributes transportation fuels and lubricants. They also sell petrochemicals and additives. Chevron has interests in gas to liquid facilities in its operating regions. The company has an operational presence in North America, South America, Europe, Asia, the Middle East and Africa. Chevron is headquartered in San Ramon, California, the US. Their products are sold in more than 8,000 Chevron® and Texaco® retail stations across the United States. They are also a major supplier of aviation fuel in the country. Chevron’s five U.S. refineries have a combined capacity to process more than 1.0 million barrels of oil per day.

Highlights
  • Located between multiple signalized intersections
  • Strong population of 991,613 within a 5-mile radius
  • 30,000+ cars a day travel on San Fernando road
  • Recession and pandemic proof tenants provide added security
  • Average household income of $88,054 within a 5-mile radius
  • Located in Los Angeles County which is the largest county in the U.S. by population
  • San Fernando road feeds directly into Highway 2
  • Two-miles from Dodgers stadium
  • Multiple schools located within a couple blocks of the location 
  • This property is located in an opportunity zone
Documents
Title
Offering Memorandum
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Location
Gallery