1399 Main StManteca, CA 95336

  • Retail properties
  • 2,400 SF
For Sale
$150,000 View listing

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
1399 Main St, Manteca, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,539
$568,914
$568,914
$1,137,828
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