5738 Atlantic Ave - Service Station FOR SALE


Long Beach, CA 90805
$5,795,000 USD
562-513-1619
5738 Atlantic Ave, Long Beach, CA for Sale
$5,795,000 USD
Service Station - FOR SALE
1/8
null | Request Cap Rate

5738 Atlantic Ave
Long Beach, CA 90805


HIGHLIGHTS

  • Chevron Branded Gas Station and 1,624 SF C-Store on a 12,769 SF Lot
  • 5 MPDs, 10 Fueling Positions, and 4 Points of Access Amplify Gas Sales
  • 2-12,000 Gallon Double Walled Tanks with New Hoses and Equipment
  • Hands on Ownership Has Kept The Property in Great Condition and Fully Compliant with CA
  • Strong Financials for the C-Store and Gas Station and roughly 40,000 Cars per day on Atlantic and South St
  • Only Gas Station on the East Side of Atlantic Between South St and 91 Fwy

OVERVIEW

5738 Atlantic Ave is a premier opportunity to acquire and operate a Chevron branded gas station at the signalized intersection of South Street and Atlantic Avenue in Long Beach, CA. The property comes with an Extra-Mile branded, 1,624 square foot convenience store, 5 MPDs and 10 Fueling Positions, 2 double walled 12,000-gallon tanks, and brand-new hoses and equipment. Offering high traf?c counts of roughly 40,000 cars per day, 115,000 people in a 2-mile radius, 4 points of access, and a bus stop in front, 5738 Atlantic Ave has the demographics you’re looking for when operating a gas station. In addition to the already strong demographics, 84 townhomes are under construction across the street that will boost C-Store and gas sales. The property has been owned and operated for nearly 20 years and hands on ownership has kept the property in great condition and fully compliant with California laws and regulations. The new owner will be able to take advantage of a Gas Station in a phenomenal location and already thriving business.

FOR SALE DETAILS

PRICE

$5,795,000 USD

PRICE/SF

$3,568 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5738 Atlantic Ave

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,428 SF

ZONING

LBCCA

APN/PARCEL ID

7127-006-036

ASK ABOUT THIS PROPERTY

Daniel RolandCentennial AdvisersMore Info
562-513-1619

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Daniel RolandCentennial AdvisersMore Info
562-513-1619

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