905 E. El Camino Real, Sunnyvale, CA 94087; Retail For Sale; D-18 in Santa Clara County

905 E. El Camino Real, Sunnyvale, CA 94087; Retail For Sale; D-18 in Santa Clara County


905 E. El Camino Real, Sunnyvale, CA 94087; Retail For Sale; D-18 in Santa Clara County

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905 E. El Camino Real, Sunnyvale, CA 94087

Sunnyvale 76 Full Service Carwash

Retail Property For Sale

Price:
$1,750,000
Building Size:
3,150 SF
Price/SF:
$555.56
Property Type:
Retail
Property Sub-type:
Service/Gas Station
Additional Sub-types:
Vehicle Related
Retail (Other)
Property Use Type:
Business For Sale
Commission Split:
2%
No. Stories:
1
Property on Ground Lease?:
Yes
Year Built:
1972
Lot Size:
0.66 AC
Listing ID
18322769

 

Highlights

  • Prime Location
  • High Traffic
  • Remodeled 2007
  • 50 Years Ground Lease
  • Lots of Potentials

Description

Class A Full Service Carwash and Gas station in the heart of Sunnyvale. Prime corner lot, high traffic location. Owner Absentee. Full time manager on site.
Property is on 50 years Ground Lease since 2008.
Rent $13,200 + $2,000 Prop Tax
Rent Adjustment Dates every 5 years at approx 10% increase. Last Adjustment was on May 1, 2012. Next Adjustment in May 2017.

” Building has been remodeled in 2007.
” Carwash conveyor chain has been replaced in 2012.
” 3,500 vehicles on average monthly cars washed.
” DRB carwash POS, and control system.
” 3 underground fuel tanks owned by landlord. Business owner pays UST fee.
” 4 Gilbarco fuel dispensers with veeder-root.
” Verifon POS ruby sapphire system for fuel.
” 16 security surveillance systems installed.
” Fuel supply agreement is for 10 years.

NOI: approx $160,000
Gross Profit: approx $1,000,000

Corner of Wolf & El Camino, Can’t ask for a better location.