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298 S Sanderson Ave
Hemet, CA 92545
AM/PM C-Store with Arco Gas & Land · Retail Property For Sale

Investment Highlights

  • Located on a prime hard signalized corner with a traffic count of over 30,257 cars per day on Sanderson Ave.
  • Surrounded by excellent national retailer activity from names such as Home Depot, Stater Bros., Target, Ross Dress for Less, and Petco
  • Densely populated area with over 156,000 people in a 5-mile radius and a daytime population of in excess of 27,000.

Property Facts

Property Type
Retail
Property Subtype
Service Station
Building Size
2,718 SF
Building Class
B
Year Built
1960
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.80 AC
Zoning
C1
Parking
12 Spaces (4.42 Spaces per 1,000 SF Leased)
Frontage
145’ on S Sanderson Ave

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

About 298 S SANDERSON AVE , HEMET, CA 92545

PROPERTY OVERVIEW •The AM/PM C-Store is a 3000 SF building with a 14 -door walk in cooler that sits on .78 AC of land. Current profits for the C-Store averages at $180,000/mo at 27% margins. • The ARCO gas station features 8 Multiple Product Dispensers (MPDs) with 16 fueling positions. It averaged just over 2 million gallons in 2019 at a .19 pool margin. • There is 9 years left on the Franchise Agreement and the business is in full environmental compliance. • The business is operated by total absentee ownership which gives the new owner an incredible opportunity to increase sales and profits • Bank financing available with a 20-30% down payment • The property is located on a prime hard signalized corner with a traffic count of over 30,257 cars per day on Sanderson Ave. • It is located in an region where demographics show a densely populated area with over 156,000 people in a 5-mile radius and a daytime population of in excess of 27,000. • It is surrounded by excellent national retailer activity from names such as Home Depot, Stater Bros., Target, Ross Dress for Less, and Petco which will help drive traffic past the site and increase its exposure.

Property Taxes

Property Taxes

Parcel Number
448-320-036
Land Assessment
$643,573
Improvements Assessment
$1,838,790
Total Assessment
$2,482,363
  • Listing ID: 18336712

  • Date on Market: 1/29/2020

  • Last Updated:

  • Address: 298 S Sanderson Ave, Hemet, CA 92545

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