$ 1,599,999
Address not disclosed Fontana, CA 92335
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$ 1,599,999
Est. payment | /mo
1.81 Acres Lot
$ 1,599,999
Est. payment | /mo
1.81 Acres Lot
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
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Ghydan Rabadi • BRIDGE REALTY
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Patrick Nagel
REALTOR® | Lic# 1760790