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Property For Sale Listing 162277

Arco AM/PM

Status as of Sep-5-2008 at 01:23 AM: Active

Property Summary

This is a highly desired diamond shape Arco am/pm Gas Station built 1997 with heavy traffic flow in a desert Area. It is known as Kramer Junction (Boron), this is the junction of Highway 395 and Highway 58 which travels between Bakersfield and Las Vegas via Barstow. It pumps 145,000 gallons per month with 17-25 cents pool margin. The Convenience Store sales average $100,000 per month with Beer, Wine and 45% of profit margin. (In process of getting the Lottery). 2017 ARCO contract expires. Pays 8.5% royalty to ARCO less vendor rebates. Buyer must be approved by ARCO. Total size is 191,664 SF which 70,075 SF has been dedicated to Arco am/pm station and the rest can be build Fast food and add few tanks to provide diesel for truckers. Four weeks training.


Categories

Property Types: Businesses For Sale
Location: United States Commercial Real Estate
California Commercial Real Estate
Pacific States Commercial Real Estate
Other: Investment Properties
Investment Property For Sale

Location

Classification: United States // Pacific States // California

Price

Price Classification: Between $2.5 Million and $5 Million
Asking Price: 2,950,000

Property Type

Classification: Businesses // Gas Stations & Convenience Stores
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