Business Summary
High CAP Rate Chevron With Huge Automotive Center!
Exceptionally Clean Chevron & Real Estate With 9.0% CAP Rate – $2,310,000!
Primary Features:
* Confidential Private Sale!
* Great Location In Los Angeles County!
* Recently Converted To Chevron Gas Station In Late 2012!
* Former Union 76 Station!
* Exceptionally Clean Property!
* Five Stars Yelp Reviews – The Nicest Station!
* Totally Remodeled Inside Out!
* Bathroom Is Extravagantly Upgraded!
* One Of A Kind Property!
* Has Multiple Tenants On Site – Chevron & Automotive!
* Lot Size About 28,145 Square Feet!
* Building Size About 4,404 Square Feet!
* Built-In Convenience Store!
* Has Four Dispensers And 8 Fuel Pumps!
* Automotive Center Has 5 Bays!
* Very Large Size Mechanic Shop!
* Has Planned To Convert Bays Into 5 Individual Retail Space!
* Total Rental Income $15,000 Monthly!
* Mechanic Shop Is Month-To-Month Tenancy!
* Gas Station Has Four Years Lease Remain With 5 Years Option!
* You Will Become The Land Owner With Existing Tenants!
* Owner Will Carry 30% Down Payment With Prime +2%!
* Balloon Payment For 5 Years!
* Rare Find – New Gas Station With Land!
* Be The First One To Submit Your Offer!
* High CAP Rate 9.60%!
* This One Will NOT Last Long!
Benefits:
* Huge Potential Real Estate Property!
* Busy Retail Location!
* Two Minutes Away From Freeway 10!
* Large Movie Theaters & Offices Around The Block!
* New Owner Can Convert The Auto Shop Into Retail Center!
* Multiple Tenants With Chevron Anchor!
* Great Customer Reviews For This Gas Station!
* Must See Property!
* Motivated Seller Will FInance Qualified Buyer!
* Buyer Only Needs $650,000 To Own This Business & Land!
* Total Rental Income $15,000 Monthly!
* Current Auto Center Rent At $8,000 Per Month!
* Current Gas Station Rent At $7,000 Per Month!
* Large Building Size At 4,404 Square Feet!
* Huge Potential For Mini Shopping Center Conversion!
* 5 Bays Automotive Center On Site!
* Truly An Investor Dream!
* Absentee Ownership Opportunity!
* Or Owner Operates Great Business!
* Very High CAP Rate AT 9.60%
* Confidential Private Sale!
* Do Not Speak To Employees Or Tenants!
Financials:
* Down: $630,000 [30%]
* Annual Gross: Call Broker
* Annual Net: $192,000 [Estimated]
* Rental Income: $15,000 Monthly
* CAP Rate: 9.6%
* Confidential Sale Opportunity.
BIZ Analysis/ Recommendations:
Outstanding Opportunity – Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].
Property Details
Years Established:
1963 [Remodeled Late 2012]
Miscellaneous Details
Financing Available:
Yes
Prime + 2%. Balloon payment x 5 Years