Property Details

Under Contract • ARCO Gas Station with AMPM C-Store – Ground Lease

$795,000 - Ground Lease

2,852 +/- SF | +/- $279

HIGHLIGHTS

  • Price Reduced $200,000
  • Cross Access with Neighboring Businesses – Home Depot, Safeway, Starbucks, Wendy’s and Great Clips
  • Large Lot Over 1 Acre with Plenty of Parking
  • Large Convenience Store Nearly 3,000 SF
  • Deceleration Turn Lane into Property
  • Heavy Traffic Intersection Nearly 53,000 Vehicles Per Day
  • Ground lease is extended through April, 14 2022 with the option of 2 (5) year renewal terms
  • Pass Through Window from Kitchen to C-Store

DESCRIPTION

  • Arco Branded Gas Station with AM/PM Convenience Store
  • 6 Multi-Product Dispensers for 12 Fueling Positions
  • Ground Lease Rent is $10,000/mo.
  • Fuel Sales Over 180,000 Gallons Per Month
  • Parcel ID: 303-75-583
  • Zoning: PAD
  • Year Established: 2001
  • Stories: 1
  • Building Size: 2,852 +/- SF
  • Lot Size: 1.11 +/- AC or 48,134 +/- SF

 

LOCATION DESCRIPTION

  • Located at the Southwest Corner of W. Chandler Blvd. and N. Alma School Rd. – Part of Home Depot / Safeway Shopping Center
  • Chandler Blvd. is a 6 Lane Main Road with Turn Lanes
  • Alma School is a 4 Lane Main Road with Turn Lanes and No Medians
  • Multiple Ingress/Egress onto Property
  • Average Daily Traffic of 52,798 Vehicles at Intersection
  • Population: 17,658 (1 Mile); 139,487 (3 Miles); 303,547 (5 Miles)
  • Average Household Income: $72,057 (1 Mile); $79,079 (3 Miles); $92,507 (5 Miles)
  • Near Krispy Kreme Doughnuts, Bank of America, Chase Bank, Wells Fargo, and Anytime Fitness

Under Contract • ARCO Gas Station with AMPM C-Store – Ground Lease

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