Property Listing No Longer Available for Sale

2615 W Grant Line Rd, Tracy, CA

Retail for Sale - $6,900,000 - 6,800 Sq. Ft. on 1.29 acres


Property Info

CIMLS#760449
Location
  2615 W Grant Line Rd
  Tracy CA 95304
UpdatedNovember 18th, 2014
TypeRetail
Price$6,900,000
Building6,800 Sq. Ft.
Land1.29 acres

Property Description

1.29 acres with 3 buildings (approx. 6,800 square feet) corner. Asking price includes the Business generating EBITDA of $830,000 and net $500,000 cash to owner.

Located within a Home Depot/Winco Shopping Center - hard corner, directly off of Interstate 205. Chevron Station with 12 nozzles, 2000 square foot C-Store with an ABC type 20 Off Sale Beer and Wine License, 2,400 square foot Oil & Lube Center, and 2400 square foot full service Car Wash with a 100' tunnel. Gross Revenue 7.9 Million, EBITDA $830,000+, Annual SDE $500,000+

Retail Property For Sale

Price: $6,900,000 with Land and Buildings / $3,400,000 for Business Only

Building Size: 6,800

SFPrice/SF: $1,014.71 (based on $6.9 million purchase price)

Property Type: Retail

Property Sub-type: Service/Gas Station

Property Use Type: Business For Sale

No. Stories: 1

Year Built: 2006

Lot Size: 1.29 AC

Cap Rate: 7.25 (based on $6.9 million purchase price)

Highlights

-Corner Pad 1.29 Acres with Anchors Home Depot and Winco

-Flagship Chevron with Separate Oil/Lube Center, C Store, Car Wash

-7.9 Million Gross, 830,000+ EBITDA, 500,000+ Annual Cash flow

-Business must be sold with Real Estate.

-Shown by Appointment only

-Includes all assets FF&E, improvements, goodwill, business, land, buildings.


Financials

EBITDA of $830,000 and net $500,000 cash to owner