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860 Magellan Dr 5,130 SF Retail Building Tehachapi, CA 93561 $9,900,000 ($1,929.82/SF)
INVESTMENT HIGHLIGHTS
- Plenty of Parking Spaces
- (Drive-thru QSR)
- On/Off ramp property
- Additional rental income possibility
- Highway Visibility
EXECUTIVE SUMMARY
This 5500 SF Contruction is underway on almost 41,000 SF real property and should complete during 1st quarter of 2026.
76-branded station with an independent 3300 SF market, including Beer & Wine
Contruction includes 2000 SF Drive-thru QSR, plus 1000 SF outside patio. Owner is in negotiation with major national brand food chain for a long-term lease.
Property is at on/off ramp of HWY 58 with freeway visibility.
It includes a 10-year 76 branded contract. 5 MPD's, 2 underground tanks (20K and 22k) with split into 4 compartments to offer all brands of fuel, including diesel and E-85.
4 EV charging station positions.
Station has a management room on the second floor (975 Sf)
Station is located across from 2 hotels and a Shell gas station. 3rd hotel approval has been issued by the city.
76-branded station with an independent 3300 SF market, including Beer & Wine
Contruction includes 2000 SF Drive-thru QSR, plus 1000 SF outside patio. Owner is in negotiation with major national brand food chain for a long-term lease.
Property is at on/off ramp of HWY 58 with freeway visibility.
It includes a 10-year 76 branded contract. 5 MPD's, 2 underground tanks (20K and 22k) with split into 4 compartments to offer all brands of fuel, including diesel and E-85.
4 EV charging station positions.
Station has a management room on the second floor (975 Sf)
Station is located across from 2 hotels and a Shell gas station. 3rd hotel approval has been issued by the city.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
5,130 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$9,900,000
Price Per SF
$1,929.82
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.92 AC
Zoning
C3 - Commerical
AMENITIES
- Drive Thru
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
David Harrington License No. 02168060 (CA) (866) 889-0550 Matthews Real Estate Investment Services, Inc 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,000 SF | Retail | - | Mar 2026 |
1st Floor
| Size |
| 3,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Mar 2026 |
1st Floor
| Size | 3,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Mar 2026 |
David Harrington License No. 02168060 (CA) (866) 889-0550 Matthews Real Estate Investment Services, Inc 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 223-570-15-00-5 | Improvements Assessment | $0 |
| Land Assessment | $769,375 | Total Assessment | $769,375 |
PROPERTY TAXES
Parcel Number
223-570-15-00-5
Land Assessment
$769,375
Improvements Assessment
$0
Total Assessment
$769,375
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860 Magellan Dr
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