Available For Sale - Retail , Land

3,799 SF | Show Pricing $

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LISTED BY

Blatteis Realty
Blatteis Realty Co., Inc., 415-981-2844
Jonathan Blatteis
Blatteis Realty Co, Inc., 415-321-7486

AVAILABILITY DETAILS

Size
3,799 SF
Price/SF
Show Pricing $
Listing ID
SA537762
Notes
Blatteis Realty Co. is pleased to present for sale the ground lease with an existing ARCO/ampm gas station facility located at 15531 Richmond Parkway in Richmond, CA. This investment opportunity is a net ground lease with BP West Coast Products, LLC as the tenant who constructed an ARCO branded fuel station with accompanying am/pm convenience store and carwash that was completed in 2004.





Improvements

The subject’s site is improved with an ARCO branded gas station-car-wash-mini-mart with 3,799-sq. ft. (per public records) of building area, which was built in 2004. In addition, there are (16) fueling positions with an overhead canopy and underground gasoline storage tanks. The lot coverage ratio is 8% (3,799 sq. ft. of bldg./45,783 sq. ft. of land). The improvements were built by the tenant who has four years left on the lease plus one 5-year option. The improvements may revert to the landlord at the termination of the lease.*





Zoning

According to the Richmond Planning Department, the subject property is zoned “CM-3” (Commercial-Mixed Use District), which permits most commercial uses including a gas station-car wash-mini-mart. Parking varies according to use. The subjects existing improvements (gas station with car wash and mini-mart appears to be a legal, conforming use.*
Uses
Retail
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Blatteis Realty, Blatteis Realty Co., Inc.
BRE# 01421282