16304 Foothill Blvd
San Leandro, CA 94578
Retail Property For Sale
Investment Highlights
- $1.2 Million Gross Profit (3-Year Average)
- Revenue Upside : The new owner will have the ability to obtain an ABC liquor license and sell tobacco (increase c-store sales immediately)
- Station is pumping between 94k - 106k gallons / month at an avg margin of .80 - .90 per gallon.
- Highway Location
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
About 16304 FOOTHILL BLVD , SAN LEANDRO, CA 94578
• Core Real Estate Fundamentals - The service station, positioned on a half-acre lot, is strategically located off I-580 with traffic counts exceeding 130,000 VPD (Vehicles Per Day). The gas station was built in 1999, features a 1,998 square foot convenience store, and the nearest Chevron east of I-580 is more than two (2) miles away. • High Barrier-of-Entry Market - This gas station is located in the Bay Area, which is highly against new gas stations -comparable to the moratoriums on new drive-thrus . The “Bay’s” progressive politics increases the demand for existing gas stations simply due to the fact that Supply remains constant while generations of fuel operators continue to purchase these existing stations. • Dense, Wealthy Demographics - The average household income within a 1, 3, and 5-mile radius is $100,000, $122,000, and $114,000, respectively. The subject site’s operations benefit a massive surrounding population of 192,000 people within a 3-mile radius, and a whopping 377,000 people within a 5-mile radius of the gas station.
Property Taxes
| Parcel Number | 080A-0189-002-08 | Improvements Assessment | $674,212 |
| Land Assessment | $1,164,548 | Total Assessment | $1,838,760 |
Property Taxes
