95 Bill Drake WayFoster City, CA 94404

Property Details for 95 Bill Drake Way

Lot size

22,536.00 AC

Property size (Sq ft)

2,248 SF

Property type

Retail properties

Property subtype

Gas stations

Description

This exceptional investment opportunity presents a 2,248 square foot Shell gas station situated on a substantial 22,536-acre lot in the thriving city of Pacifica, California. The property boasts a highly visible location on 95 Bill Drake Way, 94404, ensuring consistent customer traffic. Currently operating under a triple-net (NNN) lease, the property offers a passive income stream with the tenant responsible for all property taxes, insurance, and maintenance. The existing lease agreement has five years remaining, with a valuable five-year renewal option, providing long-term financial security. The station features four gas pumps, catering to the needs of the local community and passing motorists. This turnkey operation has demonstrated a history of strong financial performance, making it an attractive proposition for investors seeking a low-maintenance, high-return asset. The property's location within the robust Bay Area real estate market offers significant potential for future appreciation. The APN is 009132070. This is a single-tenant property with a Shell franchisee as the tenant. This represents a rare opportunity to acquire a well-established, high-performing gas station in a prime location, offering both immediate income and long-term growth potential. The asking price for this exceptional property is $3,900,000.

Location Insight

City

Foster City

County

San Mateo

State

California

Latitude

37.5549

Longitude

-122.271

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