For Sale
$7,499,000

1790 San Dimas AveSan Dimas, CA 91773

High-profit gas station, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a thriving 76-branded gas station and convenience store located at 1790 S San Dimas Ave, San Dimas, CA 91773. The property boasts a prime location, strategically positioned off the 57 Freeway with easy access to the I-10 via Via Verde, ensuring a strong captive market with no direct competition within a two-mile radius. The 3,308 square foot building sits on a substantial 35,000 square foot lot, offering ample space for operations and potential expansion. The business has demonstrated consistent profitability, generating a monthly gross profit of $89,000 over the past three years (2021-2023). This includes $78,000 in C-store sales (35% margin), 77,500 gallons of fuel sales at $0.61 per gallon, and $27,000 in lottery sales. Further income potential exists through the rentable mechanic bay, projected to yield an additional $5,000 to $6,000 per month. The property features modern infrastructure, including six five-year-old Gilbarco dispensers (twelve gasoline, four renewable diesel positions) and three double-wall underground storage tanks (two 12,000-gallon gas, one 10,000-gallon renewable diesel). A valuable Beer & Wine License is included, along with a 76 contract extending until July 31st, 2029. The building underwent a complete renovation in 2010, with the fuel canopy renovated in 2017 and a diesel underground tank installed in 2018. The property's proximity to Bonelli Park and Raging Waters attracts both local residents and tourists. The asking price is $7,499,000, representing an 8.13% cap rate and a price per square foot of $2,266.93. The property is currently 100% occupied. This is a turnkey operation with significant upside potential. Serious inquiries only. A signed Non-Disclosure Agreement (NDA) and Proof of Funds are required to access further details.

Highlights

  • Excellent freeway access off the 57 Freeway, with convenient I-10 access via Via Verde; strong captive market with no competition within 2 miles.
  • Thriving business with consistent monthly gross profit of $89,000 (2021-2023), including $78,000 in C-store sales (35% margin), 77,500 gallons of fuel sales at $0.61/gallon, and $27,000 in lotto sales.
  • Significant additional income potential from a rentable mechanic bay ($5,000-$6,000/month).
  • Prime location near Bonelli Park and Raging Waters, attracting local and tourist traffic.
  • 3,308 sq ft building on a 35,000 sq ft lot; building renovated in 2010, fuel canopy renovated in 2017, diesel tank installed in 2018.
  • Modern infrastructure includes six 5-year-old Gilbarco dispensers (12 gasoline, 4 renewable diesel) and three double-wall USTs (two 12,000-gallon gas, one 10,000-gallon renewable diesel).

Property Details for 1790 San Dimas Ave

Property type
Retail properties, Gas stations
Square Feet
3,308 SF
Year Built
1989
Buildings
1
Stories
1
Lot Size (sq. ft)
1,524,600,000 SF

Location Insight

City
San Dimas
County
Los Angeles
State
California
Latitude
34.0775336
Longitude
-117.8167841
1790 San Dimas Ave, San Dimas, California

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1790 San Dimas Ave
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