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1357 S K St
Tulare, CA 93274
Retail Property For Sale

Investment Highlights

  • Heavy daytime foot traffic

Property Facts

Property Type
Retail
Property Subtype
Service Station
Building Size
4,988 SF
Building Class
C
Year Built
1934
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.72 AC
Parking
6 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
110’ on E Oneal St

Amenities

  • Bus Line
  • Corner Lot
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Kiosk/Cart Space
  • Storage Space
  • Air Conditioning

About 1357 S K ST , TULARE, CA 93274

$3500/mo 3-4% Annual rent increases $130k for inventory +/-$25k for gasoline inventory in tanks at time of sale $200kfor business + goodwill 5 year Triple N Lease ("NNN Lease") Tenant pays property tax, insurance, maintenance, etc. Near the corner of Bardsley and K St in Tulare, 1357 S K St. is a well-positioned gas station, located just down the street from the Tulare County Fairgrounds. The station is operated as an independent 4 pump gas station, but easily branded with a Chevron/Texaco/ARCO fuel supply agreement. The sale is to include the real estate, business, and recycling business in the back. This is a unique station with four pumps, and a high traffic retail grocery store. Perfect for an owner user who wants to run a station with high cash flow and an established location. Current owner has run the business for 29 years and is looking to retire. Prospective Purchasers MUST NOT disturb the employees of the station. Any site visits should be done with the consent of the broker/seller. Profit and Loss Statements will be available to Serious Buyers with either an excepted LOI/PSA. The seller will not entertain an offer that is reliant on SBA financing

Property Taxes

Property Taxes

Parcel Number
181-020-041-000
Land Assessment
$100,000
Improvements Assessment
$450,000
Total Assessment
$550,000
  • Listing ID: 17570979

  • Date on Market: 10/28/2019

  • Last Updated:

  • Address: 1357 S K St, Tulare, CA 93274

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