625 Las Tunas Dr - Convenience Store FOR SALE


Arcadia, CA 91007
$9,990,000 USD
213-880-5126
625 Las Tunas Dr, Arcadia, CA for Sale
$9,990,000 USD
Convenience Store - FOR SALE
1/7
null | Request Cap Rate

625 Las Tunas Dr
Arcadia, CA 91007


HIGHLIGHTS

  • This gas station and convenience store features dual branding with ARCO and am/pm as well as a express car wash with new equipment.
  • 34,124-SF lot includes 12 pumps with Wayne fuel dispensers and four underground double-wall tanks, supporting diesel.
  • High-traffic corner location at the intersection of Las Tunas and Balwin provides the site with direct exposure to more than 50k daily vehicles.
  • The location is easily accessible, sitting minutes from connections to Highway 164 as well as the 10 and 210 Freeways.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$9,990,000 USD

PRICE/SF

$2,426 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

ARCO, AMPM WITH CAR WASH COMMERCIAL PROPERTY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Fast Food, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,217 SF

ZONING

ARC2 VV

APN/PARCEL ID

5787-024-025,5787-024-037

ASK ABOUT THIS PROPERTY

Dennis JooGCB BROKERS INCMore Info
213-880-5126

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Dennis JooGCB BROKERS INCMore Info
213-880-5126

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