$1,200,000
Tucson, AZ 85710
MLS# 22228652
Status: Closed
1803 sqft
1 / 7
Property Description
Seller financing available for a Chevron C-Store! This Chevron branded gas station/C-Store. is situated on a 51-acre parcel corner lot. with over 28,000 vehicle traffic per day on east Speedway. The business has been performing very well and is trending upward. There are 7 years remaining on the Chevron marketing agreement. The C-Store is a 1,803 SF retail building offering goods, beverages and customer service counter (see pictures). The gas station has 8 pumps and the store features beer and wine, drinks, and light food. Third party vendors provide propane, water, bit coin, lottery, ATM. 14.7% cap rate based on store and gas sale net income.
Details
Maps
Documents
Address Information
Street #: 8530
Direction: E
Street Name: Speedway
Suffix: Boulevard
State/Province: AZ
Zip Code: 85710
County: Pima
Country: USA
Location Tax Legal
Tax Code: 133-25-1840
Area: East
Contract Information
Current Price: $1,200,000
Sold Price: $1,200,000
Listing Date: 2022-11-09
Status: Closed
Method of Title: Fee (Simple)
Short Sale: No
Status Change Info
Off Market Date: 2023-04-26
Pending Date: 2023-04-24
Sold Date: 2023-07-31
Sold Price: $1,200,000
Sold Price/SqFt: 665.56
Lot Sz Sold Prc/SqFt: 53.7
Financing: Cash
General Property Information
Property Sub-Type: Retail
Construction Status: Existing
Total Parking: 12
Multi-Tenant: No
Year Built: 1989
Lot Dimensions: irregular
Lot Acres: 0.51
Lot Sqft: 22346
Lot Size Source: Assessor
Combined SqFt: 1803
Source of SqFt: Assessor
List Price/SqFt: 776.48
Lot Size Price/SqFt: 62.65
Remarks Misc
Geo Lat: 32.235007
Geo Lon: -110.810351
Showing Information
Directions: Drive to address on E Speedway. South side of street.
Income
Other Income: 2856326
Net Opp Income: 206175
Analysis
Cap Rate %: 14.7
Expenses
Other Expenses: 2667158
Unit Information
Other: Gas C-Store
Property Features
A.D.A. Compliant: Unknown
Phase 1 Report: Yes
Space Information
Ceiling Height: 12ft
Door Height: 8 ft
Electric
Electric Company: TEPCO
3 Phase Power: Yes
Amps: 208v/120
Submit With Offer
Seller Title Company: Stewart Title
Sold Info
Selling Comments: cash sale
Property Features
Property Features: Drop Ceiling; Smoke Detector
Construction: Frame - Stucco
Roof: Built-Up; Rolled
Fenced Storage: No
Main Cooling: Heat Pump
Main Heating: Heat Pump
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: Alarm Installed; Closed Circuit Camera(s); Security Lights
Window Features: Double Pane Windows; Low-Emissivity Windows
Green Features: Bath Exhaust Out
Fence: Block; None
Landscape - Front: Low Care
Landscape - Rear: None
Road Type: Gravel
Parking: Parking Lights; Paved Parking
Lot Features: Corner Lot; Subdivided
Business Location: Corner Lot; Free Standing Bldg
Traffic Count: 15,001 to 35,000
Terms: Cash; Owner Carry
Possession: Negotiable
Submit With Offer: Digital Signature Accepted; Earnest Check; Proof of Funds
Property Disclosures: Equipment List; Lead Based Paint; Leases
Special Conditions: None
Lead Paint Discl 
Listing Office: Madera Realty and Mortgage
Last Updated: December - 20 - 2024
Warning: Undefined array key "CompensationDisclaimer" in /srv/users/ems/apps/ems-website/public/wp-content/plugins/flexmls-idx/pages/listing-details.php on line 711
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.