Listed by Sands Investment Group, Sands Investment Group Los Angeles
$4,500,000
Conoco Hermiston Gas Station & Store - Hermiston, OR
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,800
Occupancy 100%
Tenancy Single
Brand/Tenant Conoco
Year Built 1982
Acreage 1.200
Investment Type Owner/User
Ground Lease No
Conoco Gas Station & C-Store | Strong Sales | Large 1.2-Acre Parcel
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 2,800 SF Conoco Gas Station & Store located at 2361 N 1st Street in Hermiston, OR. This established owner-user convenience store and gas station generates approximately $160,000 in monthly inside sales and 45,000 gallons of fuel volume per month, demonstrating strong operating performance and providing investors with a compelling and secure investment opportunity.
Investment highlights
- Generates approximately $160,000 in monthly inside sales at an average 40% gross margin, complemented by 45,000 gallons of monthly fuel volume at an attractive $0.45 per gallon margin, creating strong and diversified revenue streams.
- Positioned on North 1st Street and U.S. Highway 395, one of Hermiston's primary commercial corridors.
- Benefits from consistent commuter, local resident, agricultural, and trucking traffic.
- Located near the intersection of Interstate 84 and Interstate 82, serving as a major transportation and logistics hub for the Pacific Northwest.
- Hermiston's population has grown substantially over the past 2 decades and remains 1 of Oregon's fastest-growing regional centers.
- Large 1.2-acre parcel provides ample room for customer circulation, truck access, additional parking, and future redevelopment opportunities.
- Excellent redevelopment potential due to the site's size, highway frontage, and commercial location, providing optionality for future expansion or repositioning.
- Ideal owner-user acquisition allows an operator to control both the real estate and business operations while eliminating future rent obligations.
Listing Contacts
Listed by Sands Investment Group, Sands Investment Group Los Angeles
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