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240 W Adams Blvd
Los Angeles, CA 90007 West Adams

Price Upon Request

Convenience Store For Sale  •  2,080 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 2,080 SF
  • Lot Size 0.23 AC
  • Building Class B
  • Year Built 1976
  • Tenancy Single
  • Zoning M1
89 Transit Score
88 Walk Score

Highlights

TOP-TIER CREDIT RATING – 7-Eleven operates over 9,300 U.S. stores and 83,000+ locations worldwide. Backed by an “A” credit rating from S&P, the compan
STRONG TENANT COMMITMENT – 7-Eleven originally approached the landlord to convert a former burger restaurant into their current convenience store form
PRIME VISIBILITY & HIGH TRAFFIC – Located at a signalized intersection with over ±37,000 vehicles per day and immediate access to I-110 (±270,000+ VPD
NEAR MAJOR UNIVERSITY – The area surrounding the prestigious University of Southern California (47,000+ students) has undergone significant transforma
PATH OF GROWTH – Directly across the street is The Lorenzo, a luxury student housing community near USC with approximately 913 units and more than 3,0
LOWER RENT FOR TENANT – The current rent of $87,120 is approximately 40% below the average for single-tenant 7-Eleven sites in infill Southern Califor

Major Tenants

Tenant SF Occupied Lease End Date
7-Eleven
Baskin-Robbins 8/2/2020

Amenities

  • Bus Line
  • Pylon Sign
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 7 min - 3.2 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 3.5 mi
Transit/SubwayDriveWalkDistance
Lattc/Ortho Institute (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 7 min 0.4 mi
Grand Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 10 min 0.6 mi
Jefferson/Usc (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 12 min 0.6 mi
AirportDriveWalkDistance
Los Angeles International 22 min - 12.4 mi
Bob Hope 27 min - 15.8 mi
Long Beach (Daugherty Field) 28 min - 20.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes