1098 Cole Rd - Convenience Store FOR SALE


Calexico, CA 92231
$6,490,000 USD
442-200-2688
1098 Cole Rd, Calexico, CA for Sale
$6,490,000 USD
Convenience Store - FOR SALE
1/26
null | Request Cap Rate

1098 Cole Rd
Calexico, CA 92231


HIGHLIGHTS

  • 1098 Cole Road is a rental income opportunity to be the proud owner of a state-of-the-art Shell gas station, c-store, and car wash.
  • Truly a one-stop location, featuring six dispensers, abundant parking, a lottery ticket booth, an ice vending machine, and a convenience store.
  • Heavy traffic is just minutes from the 111 Freeway, which averages over 99,192 vehicles per day at the intersection of W Cole Road.
  • In the heart of Calexico, a small town with a host of retailers and dining establishments right at the entrance of the US/Mexico border into Mexicali.

OVERVIEW

Introducing an investor's dream in the ideal location at Shell Gas Station at 1098 Cole Road in Calexico, California. This multifaceted property is on a 1-acre lot, home to a Shell gas station, a car wash, and a rental income opportunity. Showcasing a stable absentee-run Shell location with future potential, current sales are approximately 30,000 gallons at 70 cents per gallon and $120,000 store sales at 45%. The gas station has six gas and diesel dispensers and plenty of parking. The on-site convenience store draws revenue from various sources, including beer and wine sales, lottery (lotto) tickets, and an exterior ice vending machine. In addition, there are two potential lease spaces for additional income. This gas station enjoys a prime location surrounded by major national retailers, including Planet Fitness, Aldi, Food 4 Less, Starbucks, Walmart Supercenter, and Panda Express, just minutes away. Conveniently situated only 1 mile from the 98 and 111 Freeways, the property offers seamless access to Interstate 5 in under 10 minutes, making it an ideal stop for local and regional travelers. Calexico is a city in Southern Imperial County, California. Situated on the Mexican border, it is linked economically with the much larger city of Mexicali, the capital of the Mexican state of Baja California. Calexico is about 122 miles east of San Diego and 62 miles west of Yuma, Arizona. In 2024, there was a population of 44,393 within a 5-mile radius of the property, with an average age group of 34 years old and a median household income of $56,000. Don't miss out on this state-of-the-art opportunity for growth and revenue at this Shell location at 1098 Cole Road. Reach out to Gus Otaki at Petroleum Realty by phone at (951) 237-2447 and by email at petroleumrealty@gmail.com. Petroleum Realty also offers SBA and conventional financing, escrow services, nationwide marketing of vacant sites, new construction and remodel assessments, and environmental services.

FOR SALE DETAILS

PRICE

$6,490,000 USD

PRICE/SF

$1,535 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Shell Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

058-832-001-000

ASK ABOUT THIS PROPERTY

Gus OtakiPETROLEUM REALTYMore Info
442-200-2688

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Gus OtakiPETROLEUM REALTYMore Info
442-200-2688

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.