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- LoopNet Team
1502-1510 E Yosemite Ave
Madera, CA 93638
VALERO GAS & CONVENIENCE STORE · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Corner Lot
- Restaurant
ABOUT 1502-1510 E YOSEMITE AVE , MADERA, CA 93638
SELLER MOTIVATED! The Business for sale consists of a convenience store with gasoline, and a five bay coin operated car wash. The buildings were built approximately 1995. The businesses for sale are situated in a retail strip center at the southeast corner of Yosemite and Tozer Avenue in Madera, California. tozer intersects with Cleveland Avenue. The business will be sold with a new Building and Equipment Lease at $13,000 base rent per month NNN with 2.5% escalations per annum and will terminate in twenty (20) years from execution. Seller will also assign the income from the existing current restaurant tenant to Buyer of approximately $25,200 annually. Gas sales are approximately average 72,000+/- gallons per month and the store brings in about $75,000+/- per month. The Car Wash has a net income of about $5,000 to $7,000+/- per month after expenses according to the Owner. Please contact the Broker for details regarding the financial information. Projected EBITDA at $283,449+/- after all expenses including Lease Rent according to the figures given by the Seller. the price includes the Beer and Wine License. This is a Must See Business.
PROPERTY TAXES
| Parcel Number | 008-110-009 | Improvements Assessment | $2,776,090 |
| Land Assessment | $527,386 | Total Assessment | $3,303,476 |
PROPERTY TAXES
