3774 S Western Ave - Service Station FOR SALE


Los Angeles, CA 90018
$7,000,000 USD
310-658-3375
3774 S Western Ave, Los Angeles, CA for Sale
$7,000,000 USD
Service Station - FOR SALE
1/8
null | Request Cap Rate

3774 S Western Ave
Los Angeles, CA 90018


HIGHLIGHTS

  • Property is Currently Being Operated as a 76 Service Station with 8 Pumps Providing Access to +/-60K Gallons/Mo
  • Anchored by Krispy Krunchy Chicken ($180K/Trailing 12 months)
  • Brand New C-Store – Construction Completed 2020 / Average $65K/Mo in Revenue
  • Double Wall Tanks – SB989 Compliant
  • Long Term Development Play
  • High Traffic Counts – 34,521 Western Avenue, 22,130 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 Circle K gas station business opportunity in the Exposition Park submarket of Los Angeles. 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 which features a brand-new Circle K branded store, along with 8 pumps, and double wall tanks. The current ownership has been operating the business for two generations and recently became a franchisee of Krispy Krunchy Chicken. This new endeavor produced a lucrative supplemental income stream over $200K last fiscal year. The offering price includes both the businesses and real estate which could be financed with SBA or Conventional financing, valuations for business and real estate are negotiable to create a favorable financing for Buyer.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$2,811 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

76 Gas Station Business + Real Estate

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

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.