3774 Western Ave, Los Angeles, CA 90018
2,490 SF | Retail Building | Los Angeles, CA 90018 | $7,800,000 ($3,133/SF)
For Sale
Active
Asking Price $7,800,000
- Property Type
-
Retail
- Square Feet
- 2,490 SF
- Price / Square Foot
- $3,133
Listing Contacts
Jay Martinez
Jacqueline Moeller
Property Overview
Kidder Mathews exclusively presents for sale 3774 S Western Ave, a 76 gas station primely situated on Exposition Blvd and S Western Ave, located less than a mile west of USC.
This is a rare opportunity to acquire prime real estate and a Circle K gas station business opportunity in the Exposition Park submarket of Los Angeles. This 15,731 square foot parcel of land is situated next to the Expo/Western Metro Station, with tremendous foot and vehicle intersection traffic. The existing improvements were newly erected in 2020 which features a brand-new Circle K branded store, along with 8 pumps, and double wall tanks. The current ownership has been operating the business for two generations and recently became a franchisee of Krispy Krunchy Chicken. This new endeavor produced a lucrative supplemental income stream over $200K last fiscal year.
The offering price includes both the businesses and real estate which could be financed with SBA or Conventional financing, valuations for business and real estate are negotiable to create a favorable financing for Buyer.
This is a rare opportunity to acquire prime real estate and a Circle K gas station business opportunity in the Exposition Park submarket of Los Angeles. This 15,731 square foot parcel of land is situated next to the Expo/Western Metro Station, with tremendous foot and vehicle intersection traffic. The existing improvements were newly erected in 2020 which features a brand-new Circle K branded store, along with 8 pumps, and double wall tanks. The current ownership has been operating the business for two generations and recently became a franchisee of Krispy Krunchy Chicken. This new endeavor produced a lucrative supplemental income stream over $200K last fiscal year.
The offering price includes both the businesses and real estate which could be financed with SBA or Conventional financing, valuations for business and real estate are negotiable to create a favorable financing for Buyer.
Property Details
- Class
- C
- Year Built/Renovated
- 1968/2020
- Stories
- 1
- Property Subtype
- Service
- Lot Size (sq. ft)
- 15,682 SF
Highlights
- Property is Currently Being Operated as a 76 Service Station with 8 Pumps Providing Access to +/-60K Gallons/Mo
- Anchored by Krispy Krunchy Chicken ($180K/Trailing 12 months)
- Brand New C-Store – Construction Completed 2020 / Average $65K/Mo in Revenue
- Double Wall Tanks – SB989 Compliant
- Long Term Development Play
- High Traffic Counts – 34,521 Western Avenue, 22,130 Exposition Blvd
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].