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Single Tenant

Mobil San Gabriel

730 E Las Tunas Dr, San Gabriel, CA 91776

Listing Price: $4,200,000

Lot Size
0.37 acres
Price/Acre
$11,308,691
Land Type
Redevelopment

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee-simple ownership of a property and business for a pride of ownership Mobil Gas Station located in the highly desirable and densely populated San Gabriel, CA (Los Angeles County). The subject property consists of approximately 1,978 square feet of building situated upon 16,178 square feet of land. The site sits at the heart of the San Gabriel Valley at the signalized corner of San Gabriel Boulevard and East Las Tunas Drive two major thoroughfares. The offering consists of fee-simple ownership of the Mobil branded gas station property and business with (five pumps / 10 dispensers), convenient store as well as an auto service tenant with three bays. Investors have several opportunities to add value to the site ranging from immediate upside through focusing on the below market rent, expansion of the convenient store as well as revisiting current active agreements with vendors. Contact agent for details on these strategies. The site is also uniquely positioned as a very viable retail drive-thru re-development given it’s signalized corner location, zoning, lot size, access, visibility and most especially high-level combined traffic counts of over 59,382 cars per day. Located in a barrier to entry market like San Gabriel the site benefits from a population of over 263,000 people in a three-mile radius with an average household income of $103,814. Other retailers and service providers in the immediate trade area include CVS Pharmacy, Wells Fargo, KFC, 7-Eleven, Chase Bank, BofA, O’Reilly Auto Parts, Starbucks, TJ-Maxx, Burger King, Super A Foods, Chevron and Office Depot, Public Storage, Huntington Hospital (619 Beds) and San Gabriel Medical Center (273 Beds).

Investment Highlights

  • Pride of Ownership San Gabriel Gas Station Property + Diverse Upside Potential
  • High-Traffic Signalized Corner With Two Major Thoroughfares Providing Over 59,000 Cars Per Day
  • Five Existing Gas Pumps With 10 Dispensers – Convenience Store and Auto Repair With Three Bays
  • Attractive Commercial Zoning Prime for Future Retail Drive-Thru Re-Development– Going to Work Side of Street
  • Multiple Scenarios to Increasing Business Sales, Rent and Re-Visiting Existing Vendor Agreements
  • Over 263,000 People in a Three-Mile Radius With an Average Household Income of $103,814
  • Immediately Surrounded by Major Retailers and Services such as CVS Pharmacy, Walgreens, Super-A- Foods, TJ-Maxx, Office Depot, Chase, BofA, Burger King, KFC, 7-Eleven, and O'Reilly Auto Parts
  • Major Traffic Drivers other than national retailers are the 10 Freeway, Huntington Hospital (619 Beds), San Gabriel Medical Center (273 Beds), Public Storage among others

Exclusively Listed By

Financing By

Listing Price: $4,200,000

Lot Size
0.37 acres
Price/Acre
$11,308,691
Land Type
Redevelopment

Investment Highlights

  • Pride of Ownership San Gabriel Gas Station Property + Diverse Upside Potential
  • High-Traffic Signalized Corner With Two Major Thoroughfares Providing Over 59,000 Cars Per Day
  • Five Existing Gas Pumps With 10 Dispensers – Convenience Store and Auto Repair With Three Bays
  • Attractive Commercial Zoning Prime for Future Retail Drive-Thru Re-Development– Going to Work Side of Street
  • Multiple Scenarios to Increasing Business Sales, Rent and Re-Visiting Existing Vendor Agreements
  • Over 263,000 People in a Three-Mile Radius With an Average Household Income of $103,814
  • Immediately Surrounded by Major Retailers and Services such as CVS Pharmacy, Walgreens, Super-A- Foods, TJ-Maxx, Office Depot, Chase, BofA, Burger King, KFC, 7-Eleven, and O'Reilly Auto Parts
  • Major Traffic Drivers other than national retailers are the 10 Freeway, Huntington Hospital (619 Beds), San Gabriel Medical Center (273 Beds), Public Storage among others

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee-simple ownership of a property and business for a pride of ownership Mobil Gas Station located in the highly desirable and densely populated San Gabriel, CA (Los Angeles County). The subject property consists of approximately 1,978 square feet of building situated upon 16,178 square feet of land. The site sits at the heart of the San Gabriel Valley at the signalized corner of San Gabriel Boulevard and East Las Tunas Drive two major thoroughfares. The offering consists of fee-simple ownership of the Mobil branded gas station property and business with (five pumps / 10 dispensers), convenient store as well as an auto service tenant with three bays. Investors have several opportunities to add value to the site ranging from immediate upside through focusing on the below market rent, expansion of the convenient store as well as revisiting current active agreements with vendors. Contact agent for details on these strategies. The site is also uniquely positioned as a very viable retail drive-thru re-development given it’s signalized corner location, zoning, lot size, access, visibility and most especially high-level combined traffic counts of over 59,382 cars per day. Located in a barrier to entry market like San Gabriel the site benefits from a population of over 263,000 people in a three-mile radius with an average household income of $103,814. Other retailers and service providers in the immediate trade area include CVS Pharmacy, Wells Fargo, KFC, 7-Eleven, Chase Bank, BofA, O’Reilly Auto Parts, Starbucks, TJ-Maxx, Burger King, Super A Foods, Chevron and Office Depot, Public Storage, Huntington Hospital (619 Beds) and San Gabriel Medical Center (273 Beds).

Exclusively Listed By

Financing By

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