Imagine owning a Union 76 Gas Station.
Located on a Hard Corner in the San Fernando Valley.
With an unbelievable $60/Month NNN Land Lease!
Believe It Or Not - IT' S TRUE!
35 YEARS Remaining With Current Lease!
So The Rent For This Property Will Never Exceed $720 For The Entire Year!
This Gas Station Is Located On A Hard Corner Of Two Buys Main Road!
Very high Visibility And Busy Traffic!
Gas Station Also Has A Small Snack Shop Selling $15K Monthly.
Auto Shop Has 3-Bay Mechanic Shop!
Which Has Monthly Gross Sales Of $20K!
New Buyer Would Consider Remodeling To A Brand New 76 Extra Mile C-Store!
Important Note - Seller Has Just Spent $75K EVR System Upgrade!
Brand New Equipment!
Store Hour 7 Days A Week From 6am to 11pm!
Price Reduction In July 2013!
This Gas Station Is Located On A Hard Corner Of Two Buys Main Roads!
Very High Visibility And Busy Traffic!
Potential: Already Has Convenience Store Permit Confirmed!
New Owner Can Build A Brand New C-store To Generate More Revenue!
Also Sells Propane!
Seller Has Just Spent $75K On The EVR System!
Brand New Equipment!
35 Years Long Lease!
Unbelievably Low Rent At $60 NNN Every Month!
Location: San Fernando Valley, CA
Asking Price: $1,429,995.00 [Just Reduced July 2013]
Annual Gross: $2,450,000
Annual Net: $380,000 [Projection in 2013]
FF&E: $199,000
Inventory: $23,000 [Not Included]
Owner Since: 1985
Employees: 4 FT
Reason for Sale: Retirement
Currently Pumping 75,000 Gallons Each Month!
Auto Shop Monthly Sales $20K!
Snack Shop Sales $15K A Month!
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