3774 S Western Ave - Service Station FOR SALE


Los Angeles, CA 90018- South Central LA
$5,900,000 USD
310-658-3375
3774 S Western Ave, Los Angeles, CA for Sale
$5,900,000 USD
Service Station - FOR SALE
1/8
null | Request Cap Rate

NEW


3774 S Western Ave
Los Angeles, CA 90018
South Central LA


HIGHLIGHTS

  • De-Branding Gas Station Buyout Costs - +/-$500K
  • Anchored by Krispy Krunchy Chicken ($180K/Trailing 12 months)- Not Owned by Circle K
  • Brand New C-Store w/De-branding opportunity immediately – Construction Completed 2020
  • Double Wall Tanks from 2001 – SB989 Compliant
  • Long-Term Development Potential - Immediately De-branding Opportunity w/ C-Store
  • High Traffic Counts – 56,651 Western Avenue, Exposition Blvd

OVERVIEW

Kidder Mathews exclusively presents for sale 3774 S Western Ave, a 76 gas station primely situated on Exposition Blvd and S Western Ave, located less than a mile west of USC. This is a rare opportunity to acquire prime real estate and a 76 gas station business opportunity with the de-branding of Circle K. This 15,731 square foot parcel of land is situated next to the Expo/Western Metro Station, with tremendous foot and vehicle intersection traffic. The existing improvements were newly erected in 2020 and features a new business C-store opportunity for a reinvigorated brand. A new operator can implement a C-Store and Gas Station brand and continue the lucrative Krispy Krunchy Chicken which is not affiliated with Circle K. The gas station has 8 pumps and two 12,000 gallon double wall tanks which were replaced in 2001. The current ownership has recently became a franchisee of Krispy Krunchy Chicken and produced a supplemental income stream over $200K last fiscal year. The current fuel supply contract goes through 2030, but can be De-branded with +/-$500K The offering price includes both the businesses and real estate which could be financed with through the Seller with at least 30% down payment with favorable interest rates and due in 3 to 5 years. Valuations for business and real estate are negotiable to create a favorable financing for Buyer from combination of Seller and traditional financing.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$2,369 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

De-branding Gas Station & C-Store Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,731 SF

ZONING

C2-2D-CPIO

APN/PARCEL ID

5036-008-035

ASK ABOUT THIS PROPERTY

Jay MartinezKidder MathewsMore Info
310-658-3375

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Jay MartinezKidder MathewsMore Info
310-658-3375

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