1399 Main StManteca, CA 95336
- Retail properties
- 2,400 SF
Property Details for 1399 Main St
- Lot size
- 0.46 AC
- Property size (Sq ft)
- 2,400 SF
- Zone code
- 98
- Property type
- Retail properties
- Property subtype
- Gas stations
- APN
- 216-330-340-000
- APU
- 216330340000
Description
This exceptional business opportunity presents a chance to acquire an established 7-Eleven franchise in Manteca, CA. Located at 1399 N Main Street, this 2,400 square foot convenience store and gas station sits on a 0.46-acre corner lot at the intersection of Northgate Drive and N. Main Street, providing immediate access to Highway 99. The property benefits from a high-traffic location within a densely populated area, surrounded by a mix of residential homes, local businesses, apartment complexes, condos, and a casino, ensuring a consistent customer base. This turnkey operation boasts a proven track record of profitability and a loyal customer following. The property features ample, well-lit on-site parking for customer convenience and operates 24/7, maximizing sales opportunities. The franchise benefits from the strong brand recognition and marketing support of the 7-Eleven national brand, including access to corporate resources and ongoing support. A significant incentive is included: a 25% discount on the franchise fee. The asking price is $150,000. Note that franchisees are subject to corporate vetting and approval by 7-Eleven. Further details are available upon the execution of a non-disclosure agreement.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $593,510
- 6.5%
- $547,856
- 7%
- $508,723
-
Comparable approach
- Method
- Valuation
- Relative Method
- $863,533
- Geo Method
- $863,533
-
Alternative Use
- Use
- Valuation
- Residential
- $462,137
- Hospitality
- $423,315
- Educational
- $352,193
- Medical
- $364,305
- Retail
- $547,856
Location Insight
- City
- Manteca
- County
- San Joaquin
- State
- California
- Latitude
- 37.8181
- Longitude
- -121.218
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].