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76 Gas Station For Sale - West Covina, California

Ad/Listing Information
Contact Information
 
Status: Available
Location: West Covina
County: Los Angeles
City: West Covina
Contact Agent:  Shawn Salehian
Primary Phone:  818-378-6050
Alternate Phone:  310-666-2246
DRE Number:  None Given
Email Address:  Email Advertiser
Date Started:  5/7/12
Date Last Revised:   5/7/12
BizBen Ad #:  176232
 
 
Financial Information Detailed Information
 
Price:      $2,295,000
Down:      $750,000
Revenue:      Call/Email
Adj. Net:      Call/Email
Relocatable:      No
Home Based:      No
Real Estate Included:      Yes
Bkr To Bkr Coop:      No
Franchise:      Yes
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This West Covina 76 Gas Station Business For Sale:

76 gas station with market and 4 pumps, the market recently improved, with 5 bays mechanic shop, on a 28,145 sqft land, the owner has plan to convert the bays to 5 individual retail store, up side potential to increase the rent if converted to five retail stores, at the moment generate annual income of 192,000, (mechanic shop rent is 8,000 and gas station rent is 7,000 per month).

The mechanic shop tenant is on month to month and the gas station tenant has 4 years of the lease remaining with 5 years of option. The Gas Station Owner may also sell the business at a reasonable price.

Actual
Net Operating Income from rent only.
192,000

Building Size: 4,404 SF
Price/SF: 454.13
Property Type: Retail
Property Sub-type: Service/Gas Station
Property Use Type: Net Lease Investment with 5 years left on lease
Cap Rate: 9.60%
Tenancy: Multiple
Lot Size: 0.65 AC

This gas station pumps 70,000+/- gallon with pull margin of 15 to 22 cent per gallon. Also the in store market sales are around $25,000+/- per month on profit margin of 38%.
Call Shawn Salehian (Agent) at 818-378-6050 or 310-666-2246  (Please Mention You Saw This Ad On BizBen) About This 76 Gas Station Business Opportunity For Sale in West Covina.


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76 Gas Station For Sale And West Covina Region Related Links:

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