2995 Fort Union BlvdCottonwood Heights, UT 84121

Property Details for 2995 Fort Union Blvd

Year built

1998

Lot size

0.39 AC

Property size (Sq ft)

1,377 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Cottonwood Heights

County

Salt Lake

State

Utah

Latitude

40.6243

Longitude

-111.808

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