For Sale
$4,900,000

7700 Moreland StStockton, CA 95212

High-traffic, profitable gas station & convenience store.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a thriving, independent gas station and convenience store located at 7700 Moreland St, Stockton, CA 95212. The property, situated on a 0.56-acre lot (24,243 sq ft), boasts a prime location at the southeast corner of Moreland Street and Hammer Lane, offering excellent visibility and accessibility. The property includes two buildings totaling 2,445 square feet, built in 1960 and renovated in 2010. The gas station features four pumps and benefits from its proximity to Highway 99. The business operates as Gavinko Petroleum, an unbranded fuel station, and enjoys 100% occupancy. The property is zoned for commercial use and has demonstrated strong financial performance, with gross profits of $1,216,000 in 2023 and $1,183,000 in 2022. Average monthly fuel volume is 70,000 gallons with a $1.00 margin per gallon, and average monthly C-store sales reach $100,000 with a 40% profit margin. This presents a lucrative opportunity in a growing area of Stockton, with a population exceeding 28,000 residents and strong household income levels. The property is offered at $4,900,000 ($2,004.09/sq ft). SBA financing options are available with a 20% down payment for qualified buyers. Detailed financial information is available upon request.

Highlights

  • Highly profitable, independent gas station on Highway 99 on-ramp.
  • Prime commercial location in Stockton's 95212 zip code, a high-traffic area with a growing population.
  • Strong demographics: Over 28,000 residents, median household income $107,098, average $134,521, and high owner-occupancy rate.
  • 2023 Gross Profit: $1,216,000; 2022 Gross Profit: $1,183,000. Average monthly fuel volume: 70,000 gallons with $1.00 margin per gallon; average monthly C-store sales: $100,000 with 40% profit margin.
  • SBA financing available with 20% down.

Property Details for 7700 Moreland St

Property type
Retail properties, Gas stations
Square Feet
2,445 SF
Class
B
Year Built/Renovated
1960/2010
Buildings
2
Stories
1
Units
1

Location Insight

City
Stockton
County
San Joaquin
State
California
Latitude
38.0207559
Longitude
-121.2604247
7700 Moreland St, Stockton, California

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7700 Moreland St
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