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 | |
Updated | November 18th, 2014 |
Type | Retail |
Price | $6,900,000 |
Building | 6,800 Sq. Ft. |
Land | 1.29 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