Freeway Adjacent Independent Gas Station

San Jose, CA (Santa Clara County)

Independent Gas Station
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Asking Price: $1,100,000

Cash Flow: $460,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $15,000 per Month

Established: N/A

Freeway Adjacent Independent Gas Station

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Business Description

Highly Profitable Freeway Independent Gas Station

PLEASE DO NOT DISTURB ANY EMPLOYEES OR STAFF
Retail Link Associates | The Gas Broker™ is pleased to provide this opportunity to purchase a highly profitable Independent gas station directly adjacent to the I-680 Freeway on/off ramp on South King Blvd. The owner is retiring and seeking to sell the business / enter into a long-term NNN ground lease (20 Year + 2 Five Year Options). The business currently has no fuel supply contract, allowing a new owner to rebrand and received substantial consideration, as well as new brand imaging. The gas station's positioning on the 'going to work' side of South Kings Road (adjacent to the I-680 Freeway on/off ramp) makes this a prime convenience store redevelopment opportunity. The property's auto repair bays are currently leased out to an experienced operator (month-to-month) generating solid income while a new operator obtains building permits and approvals. Experienced prospects must sign an NDA to receive additional business details for review. Please contact Broker directly.
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THE GAS BROKER
Chandler J. Kelley
(949) 874-3228
TheGasBroker@Gmail.com

Attached Documents


Detailed Information

Location:
San Jose, CA
Real Estate:
Leased
Building SF:
1,008
Lease Expiration:
3/1/2051
Employees:
4
Facilities:
Ownership has replaced all double-wall fuel lines within the past (3) years, four brand new Gilbarco 700S pumps with ApplePay, and a new electronic price sign.
Competition:
Business is located in a prime location directly adjacent to the Freeway On/Off ramp, as well as a signalized intersection.
Growth & Expansion:
Independent gas station with no fuel supply agreement. Landlord will allow new owner to enter into a long-term NNN ground lease which will allow the operator to re-develop the existing building into a larger/modern Convenience store.
Reason for Selling:
Seller is retiring.
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Chandler J. Kelley

Business Listed By:
Chandler J. Kelley

The Gas Broker™

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