1990 Decoto Rd - Service Station FOR SALE


Union City, CA 94587
$3,250,000 USD
650-931-2522
1990 Decoto Rd, Union City, CA for Sale
$3,250,000 USD
Service Station - FOR SALE
1/3
null | Request Cap Rate

1990 Decoto Rd
Union City, CA 94587


HIGHLIGHTS

  • Long-Term Chevron Corporate Ground Lease A rare opportunity to acquire the fee simple interest in land leased to Chevron.
  • Income Growth
  • Attractive 1031 Exchange Opportunity for investors seeking dependable monthly cash flow.

OVERVIEW

Rare opportunity to acquire the fee simple interest in a Chevron corporate ground lease investment in the heart of Union City. Chevron has successfully operated at this location since 1966 under an absolute NNN ground lease with minimal landlord responsibilities. The property benefits from scheduled rental increases, strong underlying real estate fundamentals, and a highly visible signalized corner. An ideal acquisition for 1031 exchange buyers, family offices, and investors seeking stable, passive income backed by a globally recognized tenant.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$1,762 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Union City Corporate Chevron

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,864 SF

ZONING

-

APN/PARCEL ID

087-0019-002-00

ASK ABOUT THIS PROPERTY

Steve SabahiRetail Petroleum SalesMore Info
650-931-2522

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

Steve SabahiRetail Petroleum SalesMore Info
650-931-2522

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