Top 5 Prime NNN Investment Opportunities in Los Angeles for Steady Income
Discover the top 5 NNN investment opportunities in Los Angeles, featuring properties like convenience stores and service stations. These investments offer stable income, long-term leases, and minimal management responsibilities, making them ideal for passive investors looking to grow their portfolio in a thriving market. Learn about location advantages, lease details, and future growth potential in this comprehensive guide to lucrative NNN properties in LA.
Top 5 Prime NNN Investment Opportunities in Los Angeles for Steady Income
In the realm of commercial real estate, Triple Net (NNN) investments stand out as an attractive opportunity for investors seeking reliable, low-maintenance income. NNN properties operate on a lease structure where tenants agree to cover property taxes, insurance, and maintenance costs, thereby significantly reducing the responsibilities typically borne by landlords. This setup provides investors with predictable cash flows and less active management, making NNN investments particularly appealing for those looking to diversify their portfolio without the hassle of property upkeep.
Los Angeles, as a vibrant economic hub, offers a variety of lucrative NNN investment options. From convenience stores to gas stations, the city presents a diversified portfolio of properties that cater to different investment preferences. Below, we delve into five standout NNN properties currently available in Los Angeles, highlighting their key features, investment potential, and strategic advantages. These properties are ideal for investors seeking long-term beneficiaries with stable income streams and minimal operational responsibilities.
1. High-Traffic Convenience Store in Downtown LA
Location: Downtown Los Angeles, CA
Price: $2,995,401
Property Size: 4,509 square feet
Lease Renewal Terms: Four consecutive 5-year options
Lease Expiry Date: January 20, 2040
This well-established convenience store benefits from exceptional visibility and high foot traffic, especially in downtown LA—a prime commercial district teeming with commuters and shoppers. Its strategic location ensures consistent sales and profitability, making it a secure addition for investors aiming for steady rental income. With a long-term lease in place and renewal options, this property offers peace of mind along with attractive returns.
2. Auto Care Centers: Jiffy Lube & Precision Tune in Alexandria
Location: Alexandria, LA
Price: $1,285,714
Property Size: 5,000 square feet
Lease Duration: Varies, with NNN structure
Annual Rent Increase: Varies based on lease agreements
These auto care centers are located in high-traffic areas, with daily vehicle counts exceeding 30,000. Such volume guarantees a steady flow of customers, ensuring consistent revenue streams. Supported by shopping centers and other retail anchors, these facilities are designed for passive income generation with minimal landlord responsibilities, making them highly appealing to investors seeking reliable, hands-off income sources.
3. Exxon Service Station with Long-Term Potential
Location: Bernice, LA
Price: $1,794,966
Property Size: 2,644 square feet
Lease Renewal Options: Four 5-year options
Lease Expiry Date: January 31, 2039
Lease Type: Absolute NNN
Annual Rent Increase: 2%
This Exxon-branded service station demonstrates stable performance, exemplified by diesel sales of approximately 39,000 gallons in February alone. The property is supported by a corporate guarantee, adding an extra layer of security for investors. Future development plans include expanding into a Truck Stop facility, which could significantly increase its revenue potential. The absolute NNN lease structure ensures minimal landlord responsibilities, enabling investors to generate passive income effortlessly.
4. Strategic Convenience Store in Orleans
Location: Orleans, LA
Price: $2,089,815
Property Size: 676 square feet
Lease Renewal Terms: Four 5-year options
Lease Expiry Date: January 20, 2040
Lease Type: Absolute NNN
Annual Rental Increase: 2%
This convenience store is part of a well-known chain with over 40 locations, providing a stable and recognized income stream. Its strategic placement in a bustling commercial district ensures high visibility and foot traffic, especially near major fast-food chains and retail outlets. With long-term lease agreements and regular rent escalations, this property is an excellent choice for investors seeking consistent, passive income with minimal management needs.
5. Natchitoches Jiffy Lube: Reliable and Established
Location: Natchitoches, LA
Price: $711,914
Property Size: 1,600 square feet
Lease Expiration: February 28, 2027
Lease Type: NNN
Rental Increase: 12.5% effective March 1, 2022
Supported by Shell Oil Company with a corporate guarantee, this Jiffy Lube offers consistent customer traffic and revenue. Situated near popular recreational and community centers, it enjoys steady patronage and reliable performance. Its proven track record, combined with the lease escalation clause and corporate backing, makes it an attractive passive investment opportunity for those looking to generate ongoing cash flow.
Investing in NNN properties in Los Angeles provides a range of options with reduced management responsibilities and stable income prospects. From retail centers to gas stations, these properties offer diversified opportunities for investors aiming for long-term, hassle-free profits. Explore these top five investments today to enhance your portfolio’s stability and growth potential.
