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5560 Van Nuys Blvd
Sherman Oaks, CA 91401 Van Nuys

$8,200,000 USD

Service Station For Sale  •  768 SF

Property Details

  • Property Type Service Station
  • Total Building Size 768 SF
  • Lot Size 0.46 AC
  • Building Class B
  • Year Built 1984
  • Tenancy Single
  • Zoning LAC2
60 Transit Score
70 Walk Score

Description

PRICE REDUCED FROM 8.9M to new 8.2M
Mobil branded station. 3 years left on Mobil contract. contract cannot be terminated before expiration date which is July 2028.
Pumps 55,000 gallons at 75ct, c-store doing about $60,000 plus another $36k in lottery. rental income of 24K/year from Billboard (on month-to-month) basis.
Seller may sell the business with granting an "Option to Buy". 4 underground tanks (8k, 8k, 10k and 12k). All Double walls. 
Store can be easily expanded. Buyer may add car wash to enhance the operation of the business.

Located on famous Auto Dealership strip of Van Nuys Blvd
Has Beer and Wine license
Price is set at real property value
Extremely busy intersection, surrounded by major franchised outlets
This location as an independent fuel can easily pump twice as much
Over 20,000 SF land
An aggressive buyer may pick up accounts from auto dealers

Highlights

Located on Auto Dealership Row
Only 3 years left on Circle K fuel contract
Room to add car wash or expand the store
Has Beer & Wine License
Extremely busy intersection, surrounded by major franchised outlets
Over 20,000 SF land

Property Flyers

Amenities

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 3.1 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 7.2 mi
AirportDriveWalkDistance
Bob Hope 13 min - 7.2 mi
Los Angeles International 28 min - 19.6 mi
Long Beach (Daugherty Field) 46 min - 37.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Alex Shapouri 310-985-8777 ICOA INC
Alex Shapouri 310-985-8777 ICOA INC