607 S Barranca Avenue, Covina, CA 91723
Business
Sold August 2024
Listing Agent: GHYDAN RABADI (DRE #01836800) · Listing Office: BRIDGE REALTY · Contact: 626-712-4776 · Bought with: MYRAH PONCE · WEST SHORES REALTY · MLS #CV22046241 · Source: CRMLS
About this business
We are PLEASE TO INTRODUCE THIS MAJOR BRAND STATION (BUSINESS ONLY) FOR SALE ASKING PRICE: $2,500,000 LOCATED IN BEAUTIFUL CITY OF COVINA, AND SURROUNDED BY MANY APARTMENTS, SCHOOL AND SHOPPING CENTERS NEAR FREEWAY LOCATION WITH BEER AND WINE LICENSE 1,320,000 GALLONS OF GASOLINE AND DIESEL SALES LAST YEAR AT 45CT MARGIN STORE $23,000/MO PLUS $10,000 PER MONTH IN LOTTERY CAR WASH 95% completed will be delivered 100% operating. Approved-85 PRE APPROVED. RENT: $11,000 / PER YEAR 3% YEARLY INCREASE 18YEARS LEFT ON MASTER LEASE, SUPPLY AGREEMENT UP FOR RENEWAL IN 8 YEARS 5 DISPENSERS 3 PLUS 1 AND ABOUT 2.200 SF STORE OPEN 5AM - 11Pm /7 DAYS WITH ROOM TO EXTEND HOURS OF OPERATION TO INCREASE SALES VALUME DOR MORE INFORMATION PRINCIPALS ONLY
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history