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Mobil 210-220 S Lovekin Blvd 4,015 SF Retail Building Blythe, CA 92225 $4,500,000 ($1,120.80/SF)
EXECUTIVE SUMMARY
Introducing a prime commercial property located at 220 S Lovekin Blvd, Blythe, CA 92225, offering an exceptional investment opportunity for savvy entrepreneurs and investors alike.
This property boasts an impressive track record of success, with a total of 515,000 gallons of fuel sales generating $2.5 million in revenue, including diesel, and an annual store sale of 2.2 million, totaling a Net Income of $600,000+. The C Store includes 20 Door Walk-In, 7 Door Reach-In, and three 2 Door Freezers.
In addition to its impressive sales figures, this property features an ExxonMobil branded supply agreement until October 2029, providing a secure and reliable source of supply for the foreseeable future. The new owner would not be bound by the terms of the existing fuel agreement. The new owner would have the freedom to switch to a different brand at any time, without paying a termination fee.
With its unbeatable location and steady revenue stream, this property is an excellent opportunity for those seeking a profitable investment in the commercial real estate market.
This property boasts an impressive track record of success, with a total of 515,000 gallons of fuel sales generating $2.5 million in revenue, including diesel, and an annual store sale of 2.2 million, totaling a Net Income of $600,000+. The C Store includes 20 Door Walk-In, 7 Door Reach-In, and three 2 Door Freezers.
In addition to its impressive sales figures, this property features an ExxonMobil branded supply agreement until October 2029, providing a secure and reliable source of supply for the foreseeable future. The new owner would not be bound by the terms of the existing fuel agreement. The new owner would have the freedom to switch to a different brand at any time, without paying a termination fee.
With its unbeatable location and steady revenue stream, this property is an excellent opportunity for those seeking a profitable investment in the commercial real estate market.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Service Station
Building Size
4,015 SF
Building Class
C
Year Built
1977
Price
$4,500,000
Price Per SF
$1,120.80
Business Value
$1,100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
C2
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,142,000 | |
| Land Assessment | $918,000 | Total Assessment | $3,060,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$918,000
Improvements Assessment
$2,142,000
Total Assessment
$3,060,000
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Mobil | 210-220 S Lovekin Blvd
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