310 S Lovekin Blvd - Service Station FOR SALE


Blythe, CA 92225
$6,900,000 USD
714-863-5650
310 S Lovekin Blvd, Blythe, CA for Sale
$6,900,000 USD
Service Station - FOR SALE
1/8
null | Request Cap Rate

NEW


310 S Lovekin Blvd
Blythe, CA 92225


OVERVIEW

The gas station's fuel agreement with Valero expires soon which will allow the new owner to re-brand and possibly collect generous cash incentives. The new owner may also be able to obtain much better gas pricing which enables the opportunity to be able to decrease price and increase sales exponentially both in fuel sales and C-store sales. It's currently equipped with 6 MPDs with 12 fueling positions. The ±2,834 SF Circle K C-Store has reported very impressive revenue margins in the past years (contact broker for details). The C-Store is also equipped and an ATM for customers cash needs. Both the Circle-K and gas station are managed by absentee management. The new owner may be able to further increase revenue streams by taking an active role in management. Its convenient access from the I-10 Freeway makes it an easy and practical stop for travelers heading east or west. The property is located in a prime position as it sits right off the 10 Freeway with freeway visible signage to over ±46,642 cars per day. It is located near adjacent hotels which help drive traffic to the location as it is near freeway access as well as several fast food restaurants located only on Lovekin Ave in the City of Blythe.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$2,435 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Valero Gas Station/Circle K C-Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

C-G

APN/PARCEL ID

848-100-037

ASK ABOUT THIS PROPERTY

Victor BuendiaProgressive Real Estate PartnersMore Info
714-863-5650

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

Victor BuendiaProgressive Real Estate PartnersMore Info
714-863-5650

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