Independent Station with rental Income

Asking Price$6,400,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&E$1,200,000
Included in asking price
Building Sq. Ft.1571

Price per Sq. Ft.Not Disclosed

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Independent Station with rental Income


Asking Price$6,400,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&E$1,200,000
Included in asking price
Building Sq. Ft.1571

Price per Sq. Ft.Not Disclosed

Property Description
This station will be delivered to Buyer as an Independent station. Arco and Chevron are both interested in this site and Buyer may collect at least 1M up-front money for signing a new contract. There is a mechanic shop on month-to-month lease, paying 6,000 rent and willing to sign a three year lease.
Owner will change the tanks and installing 4 new pumps. All permits are approved and ready to build. Seller will install 2 20k tanks, with 12/8k split. He is adding diesel and E-85 to the site. Over 15,000 SF land. A huge residential construction in under way across the street. Price will be reduced to 5m, id buyer wishes to change the tanks and pumps.
About the Property
Type
Retail
Building Status
Established
Facilities & Assets
Seller will surrender the property with 2 20k new tanks and 4 new pumps
Location Description
a large residential project is under construction across the street
Current and Prior Use
gas station and mechanic bays
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
will provide
Listing Info
ID:
2423784
Listing Views:

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Property Listed by: Alex Shapouri ICOA, INC.

Listing ID: 2423784 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.