$8,400,000
$8,350,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
1.62 Acres Lot
SOLD DATE : 06/10/2021
Key Details
Sold Price $8,400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40939965
Sold Date 06/10/21
HOA Y/N No
Year Built 1991
Lot Size 1.620 Acres
Property Description
5,700 square feet of building space situated on almost1.5 acre of land ideally situated right off Interstate 780 Columbus Pkwy Exit in the busiest retail&commercial district in Benicia. The station consists of 10 fully updated pumps, 2400sf convenient store, tunnel car wash, 2 additional retail spaces at 1,320sf for each unit. This opportunity offers an exceptional 12%+ Cap Rate with additional rental income from 2 retail spaces. This is an excellent opportunity to purchase the real estate and high volume sales, highly profitable turn-key business operation of Parkway Chevron & Car Wash. The property offers multiple sources of high revenue businesses including tunnel car wash, 10 pumps gasoline stations, 2,400sf walk-in convenient store, and rental income from 2 adjacent retail unit with long term tenants. It is also adjacent to major retailers including CVS, McDonalds, Starbucks, &numerous local as well as chained businesses. Excellent for Absentee or Owner Operated Purchaser
Location
State CA
County Solano
Zoning COMM
Interior
Fireplace No
Exterior
Total Parking Spaces 8
Others
Tax ID 0079020590
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Bought with Steven Wang • CA Golden Properties
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”