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Gas Grocery Property in King Cty. WA

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Sold
  • 206.762.7756
  • melissa@fortuneco.com
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Gas Station Listings

Gas Grocery Property in King Cty. WA

Sold
Sold
Sold

Gas Grocery Property in King Cty. WA

Listing Info
Location Info
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Listing Info

Title

Gas Grocery in King Cty., WA

Occupancy

ADR

Average monthly Store Sales

Price

$2,950,000.00

Average Monthly Gas Sales Gallons

Rooms

Cap Rate

Status

Sold

Room Revenue

Annual Room Revenue

Annual Net Profit

Remarks

Prominently situated on a very busy arterial, with no nearby major brand competition, this Chevron has long supplied residents and passing motorists with fuel and auto care. While sales have declined due to absentee operation, fuel margins remain strong, The nearly 18,880 sq. ft. lot has high visibility, excellent access and egress, and plenty of parking and circulation area. An enterprising buyer might redevelop the service bays into a super high-volume state of the art convenience store in order to truly capitalize on the site’s potential. One of the most exciting features of this opportunity is that the Chevron contract has expired so a buyer may benefit from substantial incentive monies offered in consideration of a supply contract.

Title

Gas Grocery in King Cty., WA

Occupancy

ADR

Average Monthly Store Sales

Price

$2,950,000.00

Average Monthly Gas Sales Gallons

Rooms

Cap Rate

Status

Sold

Room Revenue

Annual Room Revenue

Annual Net Profit

Remarks

Prominently situated on a very busy arterial, with no nearby major brand competition, this Chevron has long supplied residents and passing motorists with fuel and auto care. While sales have declined due to absentee operation, fuel margins remain strong, The nearly 18,880 sq. ft. lot has high visibility, excellent access and egress, and plenty of parking and circulation area. An enterprising buyer might redevelop the service bays into a super high-volume state of the art convenience store in order to truly capitalize on the site’s potential. One of the most exciting features of this opportunity is that the Chevron contract has expired so a buyer may benefit from substantial incentive monies offered in consideration of a supply contract.

Location Info

Address

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zip code

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city

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State

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Lot size

18880

Building Size

2028

Brand

Chevron

Operating hours

6am-10pm

Address

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zip code

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city

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State

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Lot size

18880

Building Size

2028

Brand

Chevron

Operating hours

6am-10pm

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