8530 E Speedway Boulevard, Tucson, AZ 85710
$1,200,000
Property Type:
Commercial
Square Footage:
1,803
Lot Size (sq. ft.):
22,346
Status:
Closed
Current Price:
$1,200,000
List Date:
2/06/2023
Last Modified:
12/20/2024
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.
More Information MLS# 22228652
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
Documents
Lead Paint Discl ›Listing Office: Madera Realty and Mortgage
Last Updated: December - 20 - 2024
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