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Off Market
1/7

298 S Sanderson Ave
Hemet, CA 92545


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

AM/PM C-Store with Arco Gas & Land

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

2718

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

448-320-036