Listed by Realty Investment Advisors
$9,750,000
1002 Manhattan Beach Blvd
Details
Property Type Retail, Business for Sale
Sub Type Convenience Store, Gas Station
Pumps 3
Lot Size (SqFt) 17,000
Investment Type Owner/User
Retail
Marketing description
Manhattan Beach is one of the most affluent and supply-constrained coastal cities in Los Angeles County. The subject sits on Manhattan Beach Blvd, the city's primary east-west commercial corridor between Sepulveda Blvd and the pier.
Investment highlights
- Only Privately Owned Station in the City - The other four are corporate owned and will not trade.
- Irreplaceable Coastal Corner - Hard corner on Manhattan Beach Blvd, minutes from downtown and the pier.
- ARCO Supply Through 2033 - Established ampm franchise in place. No near-term rebranding cost.
- Strong Margins - Estimated fuel margin averaging $0.89 per gallon on ±88,000 gallons a month.
- Redevelopment Upside - ±17,000 SF of infill Manhattan Beach dirt with strong frontage and dual access.
- Real Estate and Business - Land, ARCO fuel operations, and convenience store business offered in a single transaction.
Listing Contacts
Listed by Realty Investment Advisors
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