REDEVELOPMENT OPPORTUNITIES
Business Profile: The business is closed at this property. This offering is for the real estate only. This property could be a restart for a c-store or retail in the existing building, or redevelopment. This was the only gas station property in Wenden. Want more info? -----> Contact
Real Estate: APNs: 308-09-143B and -144B in LaPaz County.
This is a rural location about 75 mi. NW of Phoenix.
2 Parcel Size: 17,350 + sf
Zoning: GB
Store Building: 3,083 + sf built in 1957
Fuel Canopy: 35 + ft. x 20 + ft.
Fuel System: The fuel system has been removed from this site, and it's in the process of closure with ADEQ. Seller will indemnify buyer from environmental
issues relating to the former UST system.
Zoning for redevelopment is General Business in LaPaz county.
Redevelopment of a Gas Station & C-store, Wenden AZ - Property For Sale - Asking $195,000
Real Estate: APN: 109-24-041 in Navajo County.
This is a rural location on interstate 40 about 3 1/2 hrs. north of Phoenix.
Parcel Size: 45,302 + sf (1.04 + ac.) SEE ADDITIONAL LAND
AVAILABLE BELOW - SCROLL DOWN.
Building: 838 + sf built in 1986
Fuel Canopy: Huge single canopy covers the c-store and 2 fuel islands
in front & back of the building.
Fuel System: NEW DWFG UST system to be installed Sept 2020
2 DWFG tanks, 1 split for 2 products
Piping: DWFG
Dispensers: 4 NEW Wayne MPDs w/CRINDs - these to be
upgraded in conjunction with renewing the Chevron
fuel delivery agreement Sept 2020.
Fuel Control/Cashiering: Wayne Nucleus
Electric Enviro. Monitor: VeedeRoot TLS-350
Holbrook Chevron, Holbrook AZ
Now Asking Only $920,000 for the Business with 1.04 +/- ac. real estate
FRIENDLY MARKET
Tempe AZ
Convenience Store Only - No Fuel Sales
Business-Only; Lease is Assignable
Asking $235,000 + inventory
PROPERTIES & BUSINSSES CURRENTLY AVAILABLE
(Please scroll down for ALL businesses & properties)
WHERE BUSINESSES ARE OFFERED, ALL ASKING PRICES ARE "PLUS INVENTORY"
Real Estate: APN:
Parcel Size:
Building:
Fuel Canopy:
Fuel System installed
Business Profile: (
Want more info? Maybe historical financials? -------> Contact
Freeway Chevron, Willcox AZ - For Sale
NEW UST SYSTEM - Now Asking Only $835,000- Includes 2.50 +/- ac. Real Estate
Located at Interstate 10 Exit 336 in SE Arizona
Business Profile: Interim 2017 financials now available (3-31-17)
Building is a small c-store. The site is located at an I-40 exit in northern AZ. Owner is retired & absentee. While an excellent location, the business should be considered a turnaround. Equipment includes gondolas, merchandise racks & coolers, and an 8-camera video security system. Products include Lottery food stamps & money orders. Chevron brand assignable subject to jobber approval.
Want more info? Maybe financials? -----> Contact
Real Estate: 2.400 +/- sf store built in 1976.
Parcel is 14,157 +/- sf.
8 designated parking spaces + 1 HC space
Lease is a modified gross lease, expires 5-5-30
Rent is $3,750/mo.
Tenant pays for maintenance of HVAC &
beverage cooler, and electricity.
Business Profile: thru 4-30-21 2020* 2019**
Sales ($): 160,000 108,000 461,000 Gross Margin (%) 29 32 15
Gross Profit ($): 46,000 35,000 68,000
* Seller acquired the business in 10-15-20; 2020 data is for 2.5 months.
** 2019 data is from prior owner's tax returns. Used here by permission.
Investments: Seller has a yr-to-yr agreement with a national food truck operator which allows the food truck operator to park a truck (blue container left photo) on the property. All sales are done online & customers either pick up, or delivered by a food service delivery company, e.g., Grubhub. Rent from this source is $2,000/mo. which allows $500/mo. for utilities.
Seller also has a lease with a crypto coin vending machine co. with rent of $200/mo. Investment sources of income are shown on the operating statement as "Other Income".
Want more info? -----> Contact
Real Estate: APN: 203-14-193 in Cochise County.
This is a rural interstate location about 75 mi. east of Tucson on I-10.
Projected Parcel Size: 108,900 + sf (The Chevron improvement is on a 12
ac. parcel. Seller will split off the Chevron improvement for
a buyer who does not want the entire 12 acs.
SEE ADDITIONAL LAND FOR SALE, BELOW - SCROLL DOWN.
Store Building: 2,463 + sf. Original 1,428 + sf building built in 1969; a new
1,035 + sf c-store add-on was built in 2002.
Fuel Canopy: 26 + ft. x 55 + ft.
Fuel System: NEW UST system WAS installed May 2020.
DWFG tanks
Piping: DWFG.
Dispensers: NEW Wayne MPDs w/CRINDs was installed simultaneously with new UST installation. Diesel dispenser at a separate island.
Fuel Controller: Single-station Wayne Nucleus.
Real Estate: APN: 106-16-004D in Yavapai County AZ
Parcel size (combined): 27,878+/- sf,
Building size: 3,744 +/- sf,
Leasable Space: 2,079 +/- sf
USTs: (Newly installed Jun 2019) 2/10k gal DWFG tanks; 1 partitioned
into 6k & 4k cells
Fuel Piping: FRP
Fuel Dispensers: 2/ Gilbarco Encore 700s; 3+1
Products Served: 3 grades of unleaded + diesel
Fuel Controller/Cashiering System: 2 station Gilbarco Passport
Elec. Enviro. Monitor: VeedeRoot TLS-350
The business seller is owner of the property and will executed a long term lease with the buyer. Terms offered are 10 year term, NNN structure, initial base rent of $3,000/mo, escalating over the primary term. Extension options will be considered.
OR
This business is also being offered
with the real estate
As the real estate owner, the buyer also gets rental income from the auto service repair business as a tenant, and a cell tower on the property leased to Cingular Wireless.
Business Profile:
Store revenue centers include a deli featuring Day-n-Nite Bites, a
U-Haul service, a U.S. Post Office service (Seller operates as a
contractor), Beer-n-Wine, and Lottery.
The 76 brand Agreement is for 10-years, expiring in 2025. Image
upgrade for signage, canopy & dispensers was done in 2015
coincidental with the beginning of the Agreement period.
Service contracts are assignable subject to buyer qualifications and counter-party approval.
Want more info? Financials maybe? --------> Contact
Land Currently Available
In the life cycle of commercial properties all properties arrive at the end-of-life for their particular use, and become what is called economic obsolete. As economies evolve, demographics around the property expand or contract, municipalities prosper or wane, etc., redevelopment of the property for the same use may not be the "highest and best use" of the property.
Redevelopment properties come to market based on the value of the land, and the value of the improvements that would be salvageable for the new development, including costs to develop if it were bare land. There is typically no business value to sell, although some of the existing equipment may have salvage value.
Many, if not most, of the economically obsolete gas stations have been weeded out at this time in the economic cycle. However, there are still a few that have not been taken out of the population. Typically these situations have been pursued by developers and entrepreneurs. The most common concern by the buyer is usually environmental relating to the UST system. Our experience and training in this area provide the resources and expertise necessary to accommodate these concerns and provide solutions to the problems, if any.
BEST TIRE PROS of KINGMAN
A FRANCHISED TIRE BUSINESS with REAL ESTATE
ASKING $883,300.00 + Inventory
KINGMAN AZ
======> Not a Gas Station <=======
76-Branded Gas Station & C-Store
Prescott AZ
Best Tire Pros* Real Estate: APN: 304-09-07B in Mohave County
Parcel Size: .57 +/- ac.(24,997 +/- sf)
Building: 5,000 +/- sf
# Bays: 6 bays w/5 roll-up doors. (One door walled-off for a work area.)
Parking: 22 spaces
Additional 4.69 +/- ac. undeveloped land (Also available from Best Tire Seller)
APN: 304-09-136
Zoned: Residential
Location: Immediately behind the Best Tire store.
Business Profile: (Thru 12-31-20)
Total Sales $810,000
Gross Profit $357,000
Gross Margin: 44% (COVID impact: down from 50-55% for prior 3 years.)
* Best Tire Pros operates under a Licensing Agreement from Tire Pros Francorp (TPF). TPF has over 600 locations throughout the U.S. The Agreement is transferrable subject to TPF approval. New licensees will be required to take the TPF training course within the first 90 days of approval. (Licensing Agreement available for review - confidentiality agreement required. Contact Broker to request.
Want more info? Maybe historical financials? -------> Contact us.
Want more info? Maybe historical financials? ---> Contact
USA Travel Center/Truck Stop
US Hwy 93 / Beale St., Kingman AZ
Asking $5,130,000 + Inventory
AHE Shell on Beale St. - Business-Only
Kingman AZ
Asking 903,300 + Inventory
MJG Gas Station Specialists LLC. All Right Reserved.
NOTA GAS STATION LISTING !!!
Commercial Mixed-Use Building for Sale
======> Offered by the Seller's of the Twin Lakes Market - See Above Listing <=======
This is available as a portfolio with the Twin Lakes Market, or separately
ATTENTION BROKERS: It is MJG's policy to cooperate (co-broke) with qualified real estate brokers and business intermediaries. Occasionally, however, we accept a listing that requires a recission of this policy; these are the exceptions rather than the rule. In these cases, you will find the property marked "No Co-Broke".
Real Estate: APN: 304-09-126B in Mohave County
Parcel size: 3.08 +/-ac. / 134,018 +/- sf
Building: 5,069 +/- sf, built in 1997 by Pilot
5 trucker's showers
2 laundry rooms
UST system: DWFG system installed new Q4-2020.
2/20k gal USTs, 1 split 14k & 6k gals. FGW piping.
Environmental: No open violations as of 11-24-20.
Retail Fuel Canopy: 50 ft. x 80 ft.
Commercial Canopy: 30 ft. x 170 ft.
Occasionally a gas station property will be built on a parcel larger than the gas station improvement, resulting in excess land on the parcel being sold. In most cases the seller will offer to either sell the extra land with the business and the improvements, or subdivide the parcel into 2 parcels, one with the gas station improvements and one being the extra land. This situation is found most often in rural properties. Many gas station buyers will take the extra land for further development, adding such things as retail centers, motels, RV parks, MHPs, and restaurants,
We also are called on from time-to-time by investors who own larger urban and suburban properties than they want to sell, but want to split off a "gas station corner" from the total and offer it separately. Land for gas station use has traditionally carried a premium over retail use, typically zoned C-2 in metropolitan jurisdictions, or GB (general business) in rural locations. Until recently (Q1-17) this has been the case, due primarily to the fall-off in the economy over the last few years resulting in reduced construction and demand for undeveloped land, particularly in rural AZ. This has reduced the premium historically applied for gas station use. The slow recovery over the past few years has firmed up and restored some of the historic premium seen in gas station parcels. Also, the Nov. 2016 election of Donald Trump has triggered an enthusiasm and confidence about the economy that has elevated seller optimism about selling their properties. While prices have firmed vs. the 2008-09 pricing bottom, they are still well-below the 2005-2007 peak.
As these situations become available we offer them segregated from our usual gas station and convenience store properties and businesses, and are pleased to present them here.
SOLD
SOLD
Redevelopmentof a Commercial Cardlock, Tolleson AZ - Property For Sale -Asking $500,000
Chevron Branded Gas Station & C-store
Golden Valley AZ
Business and the Real Estate
SOLD
Real Estate: APN:
Parcel size (combined): +/- sf,
Building size: +/- sf,
USTs:
Fuel Piping:
Fuel Dispensers:
Products Served: grades of unleaded gasoline plus diesel,
Fuel Controller/Cashiering System:
Elec. Enviro. Monitor:
Business Profile:
Equipment:
Want more info? How about financials? -----------> Contact
SOLD
Real Estate: Address is 9210 W. Van Buren, Tolleson AZ 85353
APNs: 102-49-026, -027, -028 in Maricopa County
Located in the SW Valley bounded by Phoenix on teh north, east & south sides,
and Avondale on the west. Van Buren runs E-W about 1 mi. south of I-10.
The 3-parcel size is 31,000 +/- sf (.71 +/- ac.)
The existing building is 488 +/- sf, built in 1971.
The UST (fuel) system is being removed by the seller and the site will be closed
with ADEQ.
Zoning: The parcels are all zoned CORE by City of Tolleson. Permitable uses are commercial,
office, residential and entertainment. Fuel sales are specifically prohibited on
this property. Contact Broker for a broad list of all the uses permitable.
This section of Van Buren, the Paseo de Luces Redevelopment District, is a specified
redevelopment zone by the City. They are particularly user friendly to
developers, and have several incentives in place to facilitate redevelopment of
all real estate in this zone.
Real Estate: APN: 106-16-004A in Yavapai County AZ.
Address: 2161 Hillsdale Rd., Prescott AZ 86301
Parcel Size: 8,276 +/- sf.
Building: 1,500 +/- sf
Property originally built in 1959 as a 900 +/- sf building.
Tenants: 3
Use: Mixed use - 2 office tenants and 1 restaurant.
The 2 office tenants are the property owners. They have several bargain terms and
conditions in their leases.
All leases expire not later than 12-31-20.
2019 NOI $13,877
2019 CAP rate 6.9%.
SOLD
Calvert Shell, Buckeye AZ
Business + Real Estate
SOLD
UNDER CONTRACT
MJG Gas Station Specialists LLC
SOLD
Business Profile: (000 omitted)
Thru
5-31-21 2020 2019 2018
Tot. Sales ($) 2561 4417 7024 7993
Fuel Vol (Gal/mo) 145 122 151 161
Pooled Mgn: ($/gal) .85 .48 .47 .34
Avg Store Sales/mo. 46 39 80 103
Store Gross Mgn (%): 50 37 33 40
Tot Gross Profit: 819 1138 1672 1645
Subway Sales($): 117 235 509 623
Subway Gross Mgn (%): 75 58 35 39
Equip: REQUEST COMPLETE EQUIPMENT LIST FROM BROKER
(Dispensers were installed new Q4-2020)
Fuel Dispensers: Retail: 6/Gilbarco 700s, 3+1,
Commercial: 3/2-sided fueling positions with Gilbarco hi-Flows, *
Fuel Controllers: Retail: 2-Station Gilbarco Passport sys.
Commercial: Com Data
Electronic Enviro Monitor: Simplicity by VeedeRoot.
11-door walk-in cooler
11 cabinet coolers
Subway has it's own cooler and freezer.
The Company recently (May 2021) signed a branding agreement with Marathon for both gasoline & diesel. The Agreement is in review with Marathon for approval.
Approx. 60% of diesel fuel sales pre-COVID were to tour buses out of Las Vegas going to the Grand Canyon. Buses stopped running in Q1-20. Tour buses are expected to begin running again late summer of 2021.
* There are 7/2-sided fuel positions available, however only 3 of them are equipped.
Want more info? ------->
Business Profile: 7-31-20* 2019 2018
Total Sales $589,000 1,425,000 1,404,000
Avg. Fuel Vol/mo. 25,000 gal. 32,000 gal. 32,000 gal.
Pooled Margin $.38/gal. .36/gal. $.33/gal.
Avg. Store Sales/mo. $16,000 17,000 15,000
Store Gross Margin 45% 42% 40%
Total Gross Profit $158,000 290,000 255,000
The building has a c-store and 2 auto service bays. The store offers traditional c-store food, beverages & merchandise. The business does not offer Lottery, alcohol (been-n-wine), food stamps, Western Union, check cashing, towing service or U-Haul - all of these are viable additions to the business for upside potential.
* There were no fuel sales, and the business was interrupted for about 6 weeks in Apr-May of 2020 while the new UST system was being installed.
Want more info? Maybe more details of the financials? -----> Contact
Real Estate: APNs (3): 304-09-016A, -016B, and -130 in Mohave country AZ
Parcel size: 20,016 +/- sf (.46 +/- ac.)
Building size: 3,637 +/- sf, built in 1990.
Fuel Canopy: 35 +/- ft. x 65 +/- ft. with a 14 ft. vertical clearance.
Fuel System installed in 1991:
3 / 6,000 gal SWFG USTs with SWFG piping,
4 Gilbarco 3+1 MPDs w/CRINDs,
2-station Gilbarco Passport fuel control/cashiering system,
VeedeRoot TLS-300 environmental monitoring system.
Lease Summary:
Type: Modified Net. Lessor/landlord pay property tax & property insurance including UST insurance, and UST system maintenance. (Copy of lease is available from Broker.)
Base Rent: $6,960/mo.
Expires: 12-31-24
Business Profile: (Data is through 12-31-20 - COVID Year)
Total Sales: $1,545,000
Avg. Store Sales/mo.: $24,000
Store Gross Margin: 26%
Avg. Fuel Vol/mo.: 35,000 gal.
Pooled Margin: $.80/gal.
All PCI upgrades completed both inside & out.
No open ADEQ violations as of 2-26-21.
Want more info? Maybe historical financials? -----> Contact