625 Las Tunas Drive provides a turnkey retail investment that includes an ARCO gas station and an am/pm convenience store. Situated within a high-volume market for both gas and retail sales, and limited nearby competition, this presents a premium opportunity for new investment. The buyer may be required have experience with gas stations management (ARCO, Shell, Mobil, Chevron, etc), and since this station was previously owned by BP, there are deed restrictions that make it impossible to purchase with an SBA loan. To purchase this station, a bank statement is required for a down payment of at least 35% of the buyer's purchase price.
Built by BP in 2007, this exciting opportunity includes a total of 4,118 square feet of existing improvements on a 34,124-square-foot lot. The property is equipped with 12 pumps with diesel and Wayne fuel dispensers, four underground double-wall tanks, and an express car wash with new equipment. The current owner has managed the location for 18 years with 100% employee management.
The fantastic location places 625 Las Tunas Drive at the high traffic, signalized intersection of Las Tunas Drive and Baldwin Avenue. These vital corridors provide direct connections to Highway 164 and the 10 and 210 Freeways, allowing elevated customer traffic to flow to the area. More than 50,000 vehicles pass by the property each day on these arteries, delivering immense brand presence in the local area.