$2,000,000
$2,400,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
0.45 Acres Lot
SOLD DATE : 08/01/2024
Key Details
Sold Price $2,000,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV22046241
Sold Date 08/01/24
HOA Y/N No
Year Built 1966
Lot Size 0.446 Acres
Acres 0.4462
Property Description
We are PLEASE TO INTRODUCE THIS MAJOR BRAND STATION (BUSINESS ONLY) FOR SALE
ASKING PRICE: $2,500,000
LOCATED IN BEAUTIFUL CITY OF COVINA, AND SURROUNDED BY MANY APARTMENTS, SCHOOL AND SHOPPING CENTERS
NEAR FREEWAY LOCATION WITH BEER AND WINE LICENSE
1,320,000 GALLONS OF GASOLINE AND DIESEL SALES LAST YEAR AT 45CT MARGIN
STORE $23,000/MO PLUS $10,000 PER MONTH IN LOTTERY
CAR WASH 95% completed will be delivered 100% operating. Approved-85 PRE APPROVED.
RENT: $11,000 / PER YEAR 3% YEARLY INCREASE
18YEARS LEFT ON MASTER LEASE,
SUPPLY AGREEMENT UP FOR RENEWAL IN 8 YEARS
5 DISPENSERS 3 PLUS 1 AND ABOUT 2.200 SF STORE
OPEN 5AM - 11Pm /7 DAYS WITH ROOM TO EXTEND HOURS OF OPERATION TO INCREASE SALES VALUME
DOR MORE INFORMATION
PRINCIPALS ONLY
Location
State CA
County Los Angeles
Area 614 - Covina
Interior
Fireplace No
Others
Tax ID 8451008009
Financing Conventional
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Bought with MYRAH PONCE • WEST SHORES REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "