Prompt Realty & Mortgage
Listed by Prompt Realty & Mortgage
$3,199,000
Texaco Retail & Drive Thru QSR
Details
APN 1277940010001
Property Type Retail
Sub Type Gas Station, Convenience Store
Square Footage 7,860
Units 2
Cap Rate 11.34%
NOI $368,510
Year Built 2015
Lot Size (SqFt) 72,583
Parking Spaces 7.67 per 1,000 sq ft
Ground Lease No
About This Property
Marketing description
Retail • 7,860 SF • 03/28/2023
Investment highlights
This is a versatile investment sitting on a premium 1.666-acre lot, offering multiple revenue streams and significant value-add potential.
Here are the key details of the property:
- Texaco Gas Station: A well-positioned, second-generation gas station ready for operation.
- Church’s Chicken Outlet: This unit is currently under a gross lease at $4,000/month, providing immediate stable income.
- Retail Center: A spacious multi-tenant building that can host various businesses, offering maximum flexibility for future leasing.
- Shell Building: A 900 sq. ft. "shell" space on-site, ready for a custom build-out to suit your specific needs or a new tenant's requirements.
Listing Contacts
Prompt Realty & Mortgage
Listed by Prompt Realty & Mortgage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$368,510.00
$30,709.17/mo
Valuation Metrics
0
DSCR
11.52%
Cap Rate
11.52%
ROI
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