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$ 1,599,999
Est. payment /mo
Active
Address not disclosed Fontana, CA 92335
1.81 Acres Lot
UPDATED:
11/21/2024 09:56 PM
Key Details
Property Type Commercial
Sub Type Comm Bus Opp
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV24238160
HOA Y/N No
Year Built 2015
Lot Size 1.812 Acres
Acres 1.81
Property Description
Business Overview: �?� Property Type: Shell Gas Station & Convenience Store �?� Location: Prime location on Arrow Blvd in Fontana, CA with high visibility and heavy traffic. �?� Ownership: Currently absentee-owned, offering potential for increased profits through more active management. �?� Lease Terms: 10-year lease, plus two 5-year options to extend. Rent: $16,500/month. �?� Shell Supply Agreement: Existing agreement with Shell, which ends in 5 years, offering flexibility for a new owner. Financials: �?� Monthly Store Sales: $85,000 - Store Margin: $0.40 per gallon �?� Monthly Gross Profit from Store: $34,000 �?� Monthly Gasoline Sales: 60,000 gallons Gasoline Margin: $0.55 per gallon �?� Monthly Gross Profit from Gasoline: $33,000 �?� Total Monthly Gross Profit (Store + Gas): $67,000 �?� Annual Gross Profit: $780,000 Rent: $16,500/month Net Operating Income (NOI): $48,500/month (after rent) Annual NOI: $582,000 Property Features & Key Highlights: �?� Prime Location: High-traffic, visible location in Fontana, providing both daily vehicle and foot traffic. �?� Strong Gasoline Sales: 60,000 gallons/month with a healthy margin of $0.55 per gallon. �?� Convenience Store Sales: $85,000/month with a solid margin of $0.40 per gallon. �?� Absentee Ownership: Current owner operates the
Location
State CA
County San Bernardino
Area Listing
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 0191231440000
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Listed by Ghydan Rabadi • BRIDGE REALTY
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