For Sale
$6,700,000

2995 Fort Union Blvd Cottonwood Heights, UT 84121

Utah Gas Station - Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a thriving Exxon gas station located at 2995 Fort Union Blvd, Cottonwood Heights, UT 84121. The property boasts a 1,377 square foot building situated on a 0.39-acre lot, zoned Neighborhood Commercial. Built in 1998, this single-story structure features four gas pumps and is currently operating under a profitable Exxon Mobile contract with eight years remaining. The property's strong financial performance is evidenced by 2023 annual sales totaling $3.5 million, comprising 608,390 gallons of fuel and $898,538 in inside sales. A recent addition of a new beer cooler has significantly boosted inside sales and profits. Financial projections and historical data are available for review. The owner is actively pursuing the addition of two charging stations, presenting further growth potential. This established business benefits from a prime location in a thriving area with a diverse customer base, making it an attractive investment for those seeking a strong return in the gas station market. Fixtures, furniture, and equipment will be itemized separately during contract negotiations.

Highlights

  • Thriving Exxon gas station with 8 years remaining on a profitable contract.
  • 2023 sales totaled $3.5 million, including 608,390 gallons of fuel and $898,538 in inside sales.
  • Recent beer cooler addition significantly boosted inside sales and profits.
  • 1,377 SF building on a 0.39-acre lot, zoned Neighborhood Commercial, in Cottonwood Heights, UT.
  • Fixtures, furniture, and equipment (FF&E) to be itemized separately during contract negotiations.

Property Details for 2995 Fort Union Blvd

Property type
Retail properties, Gas stations
Square Feet
1,377 SF
Year Built
1998
Buildings
1
Stories
1
Lot Size (sq. ft)
16,988 SF

Location Insight

City
Cottonwood Heights
County
Salt Lake
State
Utah
Latitude
40.624309
Longitude
-111.8082077
2995 Fort Union Blvd, Cottonwood Heights, Utah

FAQs

What type of property is this?
Retail property - Utah Gas Station - Prime Location
Where is the retail property located?
The property is located at 2995 Fort Union Blvd Cottonwood Heights, UT.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: Thriving Exxon gas station with 8 years remaining on a profitable contract.; 2023 sales totaled $3.5 million, including 608,390 gallons of fuel and $898,538 in inside sales.; Recent beer cooler addition significantly boosted inside sales and profits.
How can I contact the broker?
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2995 Fort Union Blvd
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