This Retail Property is For Sale.

1005 Railroad Ave
Pittsburg, CA 94565 ·

200 SF · Retail For Sale

$1,280,000

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Valero Gas Station in Pittsburg

Price $1,280,000 Commission Split 2.5%
Building Size 200 SF No. Stories 1
Price/SF $6,400 Year Built 1974
Property Type Retail Lot Size 0.24 AC
Property Sub-type Service/Gas Station APN / Parcel ID 085-204-006-2
Property Use Type Business For Sale
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Listing ID: 15554433 Date Created: 02/07/2008 Last Updated: 07/25/2016

Description

Newly rebranded Valero gas station with a small kiosk business on a busy and highly visible corner lot (approximately 0.24 acre). The sales went up by approximatley 12% so far yielding 113,000 gal per month or estimated 1.3 million gal/year in this fiscal year (March to next April. The actual sales of 1.15 mil. gal in 2015 and 1.20 mil. gal in 2014) NOI of an estimated more than $200k this fiscal year and the actual NOI of $195k in 2015 and $181k in 2014. Facility includes 6 new MPDs dispensing regular, midgrade, premium and diesel at 12 fuel stations. There are 2-12,000 & 2-6,000 gal. fiberglass double-walled tanks with Gilbarco controllers. Zoned as Service Station and part of former Redevelopment Area with new developments on both corners. Sale price includes real property and business assets but excludes inventory (approximately $60K.) Seller financing available with 30% down payment, subject to buyer's qualifications and a 10-year fuel service agreement.
Please do not contact on-site operator/employees. For additional financial information, Buyer and his/her agent need to download the attached Non-Disclosure Agreement, sign where appropriate.

The property is located on the corner of 1005 Railraod Ave and 10th St. off California Delta Highway (Highway 4) in Pittsburg, California. Railroad Ave. is a major artery coming into downtown Pittsburg where extensive redevelopment has been completed. Expansion opportunity exists by purchasing or leasing additional land to the South of the station from the appropriate Agency. Contact details available.

Highlights

  • Valero branded gas station w/ real property
  • High visibility on corner lot
  • Price $1,280,000
  • Seller financing to quaified buyer, subject to 10 years fuel service agreement and OAC.

Research

1005 Railroad Ave, Pittsburg, CA 94565 (Contra Costa County)

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