860 Magellan Dr - Service Station FOR SALE


Tehachapi, CA 93561
$9,900,000 USD
310-985-8777
860 Magellan Dr, Tehachapi, CA for Sale
$9,900,000 USD
Service Station - FOR SALE
1/11
null | Request Cap Rate

Mar '26


860 Magellan Dr
Tehachapi, CA 93561


OVERVIEW

This 5500 SF Contruction is underway on almost 41,000 SF real property and should complete during 1st quarter of 2026. 76-branded station with an independent 3300 SF market, including Beer & Wine Contruction includes 2000 SF Drive-thru QSR, plus 1000 SF outside patio. Owner is in negotiation with major national brand food chain for a long-term lease. Property is at on/off ramp of HWY 58 with freeway visibility. It includes a 10-year 76 branded contract. 5 MPD's, 2 underground tanks (20K and 22k) with split into 4 compartments to offer all brands of fuel, including diesel and E-85. 4 EV charging station positions. Station has a management room on the second floor (975 Sf) Station is located across from 2 hotels and a Shell gas station. 3rd hotel approval has been issued by the city.

FOR SALE DETAILS

PRICE

$9,900,000 USD

PRICE/SF

$1,930 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

STATUS

Under Construction

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

C3

APN/PARCEL ID

223-570-15-00-5

ASK ABOUT THIS PROPERTY

Alex ShapouriICOA INCMore Info
310-985-8777

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Alex ShapouriICOA INCMore Info
310-985-8777

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