5560 Van Nuys Blvd - Service Station FOR SALE


Sherman Oaks, CA 91401
$8,900,000 USD
310-985-8777
5560 Van Nuys Blvd, Sherman Oaks, CA for Sale
$8,900,000 USD
Service Station - FOR SALE
1/31
null | Request Cap Rate

5560 Van Nuys Blvd
Sherman Oaks, CA 91401


HIGHLIGHTS

  • Located on Auto Dealership Row
  • Only 3 years left on Circle K fuel contract
  • Room t add car wash or expand the store

OVERVIEW

Mobil branded station. 3 years left on Mobil contract. contract cannot be terminated before expiration date. Pumps 45,000 gallons at 95ct, c-store doing about $60,000 plus another $36k in lottery. rental income of 24K/year from Billboard (on month-to-month) basis. Seller willing to sell the business with granting an "Option to Buy" . 4 underground tanks (8k, 8k, 10k and 12k). All Double walls. Store can be easily expanded. Buyer may add car wash to enhance the operation of the business.

FOR SALE DETAILS

PRICE

$8,900,000 USD

PRICE/SF

$11,589 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,164 SF

ZONING

LAC2

APN/PARCEL ID

2245-007-023

ASK ABOUT THIS PROPERTY

Alex ShapouriICOA INCMore Info
310-985-8777

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Alex ShapouriICOA INCMore Info
310-985-8777

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