95 Bill Drake Way - Service Station FOR SALE


Pacifica, CA 94044- Edgemar-Pacific Manor
$3,600,000 USD
818-259-0476
95 Bill Drake Way, Pacifica, CA for Sale
$3,600,000 USD
Service Station - FOR SALE
1/5
null | Request Cap Rate

95 Bill Drake Way
Pacifica, CA 94044
Edgemar-Pacific Manor


HIGHLIGHTS

  • Absolute NNN Lease – Tenant is responsible for all taxes, insurance, and maintains all aspects of the gas station.
  • National Branded Gas Station – Subject Property features an existing gas station leased to Shell, a national brand fuel supplier with 8 gas pumps.
  • Large Convenience Store – Subject Property features a large 2,200 square foot convenience store that sells Beer, Tobacco, and Lotto.
  • Strong Rental Increases – There are three percent (3%) annual rent increases throughout the lease term.
  • Strong Coastal Real Estate Fundamentals – Subject Property offers strong visibility and is strategically situated off exit 507 of the Cabrillo Hwy.
  • Highly Trafficked Shell Station – Subject Property experiences over 52,500 cars per day on the Cabrillo Hwy.

OVERVIEW

Rare Coastal Shell Station | Attractive Seller Financing Available

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$1,601 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shell Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C1

APN/PARCEL ID

009-132-070

ASK ABOUT THIS PROPERTY

Patrick WadeCBRE, Inc.More Info
818-259-0476

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Patrick WadeCBRE, Inc.More Info
818-259-0476

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