Chevron
1,008 SF | Retail Building | Los Angeles, CA 90061 | $6,995,000 ($6,939/SF) | 11.44% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $6,995,000
- Property Type
-
Retail, Industrial
- Square Feet
- 1,008 SF
- Price / Square Foot
- $6,939
Listing Contacts
Chandler Kelley
Verified Profile
- Property Info
Property Overview
Confidential Sale Notice: Important Precautions Before Visiting Site
To ensure confidentiality, please refrain from visiting the site until you have consulted with the Broker. Please avoid discussions with employees or ownership.
This prime investment opportunity, exclusively listed by The Gas Broker™, features a Chevron gas station and ExtraMile convenience store strategically located at the junction of Imperial Highway and Figueroa Street in Los Angeles, CA (approximately 64,000 CPD). Positioned between CA 110 and CA 105 Freeways, the property benefits from exceptional visibility and high traffic volumes.
The sale encompasses both the operational business and the underlying real estate. Detailed sales information is available in the brochure below. For further inquiries, please contact The Gas Broker. Please note, a Non-Disclosure Agreement is required for additional details.
Gas stations and convenience stores may qualify for significant bonus depreciation; consult with your CPA for further details.
To ensure confidentiality, please refrain from visiting the site until you have consulted with the Broker. Please avoid discussions with employees or ownership.
This prime investment opportunity, exclusively listed by The Gas Broker™, features a Chevron gas station and ExtraMile convenience store strategically located at the junction of Imperial Highway and Figueroa Street in Los Angeles, CA (approximately 64,000 CPD). Positioned between CA 110 and CA 105 Freeways, the property benefits from exceptional visibility and high traffic volumes.
The sale encompasses both the operational business and the underlying real estate. Detailed sales information is available in the brochure below. For further inquiries, please contact The Gas Broker. Please note, a Non-Disclosure Agreement is required for additional details.
Gas stations and convenience stores may qualify for significant bonus depreciation; consult with your CPA for further details.
Property Details
- Class
- C
- Year Built/Renovated
- 2004/2021
- Stories
- 1
- Property Subtype
- Service, Grocery/Convenience Store
- Lot Size (sq. ft)
- 11,326 SF
Highlights
- Gas Stations & Convenience Stores Offer Significant Bonus Depreciation (Consult CPA)
- Business & Real Estate Included (Bulk Sale)
- Adjusted Net Income: +/- $800,000
- Traffic Counts in Excess of 64,000 CPD (Esri)
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FAQ
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- 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.
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