9345 Skycrest WayPalo Cedro, CA 96073

Property Details for 9345 Skycrest Way

Property size (Sq ft)

2,400 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

Description

This exceptional investment opportunity presents two thriving gas stations and convenience stores in Palo Cedro, California, offered as a single package for $7,000,000. The portfolio comprises two strategically located properties totaling approximately 2,400 square feet on combined lots exceeding 1.88 acres. Site #1, known as Palo Cedro Comets, boasts a recently constructed car wash, a Krispy Krunchy Chicken franchise, and a valuable ABC Type 21 liquor license. This location shows strong performance with approximately $100,000 in monthly inside sales and 65,000 gallons of monthly fuel sales, generating a gross profit of $1,258,122 in 2023. Site #2, the Factory Outlet Shell, is situated near I-5 outlets, also featuring a car wash and achieving impressive results with roughly $39,000 in monthly inside sales and 26,000 gallons of monthly fuel sales, resulting in a 2023 gross profit of $410,683. Both sites are meticulously maintained, featuring double-walled tanks, and benefit from 100% occupancy. This package deal presents a significant opportunity for an investor or owner-operator seeking substantial returns and considerable upside potential. The combined 2023 gross profit exceeded $1.6 million. All information is provided by the seller

Location Insight

City

Palo Cedro

County

Shasta

State

California

Latitude

40.5593

Longitude

-122.238

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