8530 E Speedway Boulevard, Tucson, AZ 85710
$1,200,000
Property Type:
Commercial
Square Footage:
1,803
Lot Size (sq. ft.):
62
Status:
Closed
Current Price:
$1,200,000
List Date:
2/06/2023
Last Modified:
12/20/2024
Description
Seller financing available for a Chevron C-Store!
This Chevron branded gas station/C-Store. is situated on a 51-acre parcel corner lot. with over 28,000 vehicle traffic per day on east Speedway. The business has been performing very well and is trending upward. There are 7 years remaining on the Chevron marketing agreement. The C-Store is a 1,803 SF retail building offering goods, beverages and customer service counter (see pictures).
The gas station has 8 pumps and the store features beer and wine, drinks, and light food. Third party vendors provide propane, water, bit coin, lottery, ATM. 14.7% cap rate based on store and gas sale net income.
More Information MLS# 22228652
Address Information
Country: USA
Street #: 8530
Direction: E
Street Name: Speedway
Suffix: Boulevard
State/Province: AZ
Zip Code: 85710
County: Pima
Location, Tax & Legal
Tax Year: 2021
Taxes: 7191.09
Assessments: 0
Legal Description: Huntington Park W 150' N 150' Lot 178
Municipality/Zoning: Tucson - C1
Fire Protection: Included in Taxes
FEMA Flood Zone: TBD
Municipal Flood Zone: TBD
Tax Code: 133-25-1840
Area: East
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $1,200,000
Sold Price: $1,200,000
Listing Date: 2022-11-09
Status: Closed
Status Change Info
Off Market Date: 2023-04-26
Sold Price/SqFt: 665.56
Lot Sz Sold Prc/SqFt: 53.7
Financing: Cash
Pending Date: 2023-04-24
Sold Date: 2023-07-31
Sold Price: $1,200,000
Showing Information
Directions: Drive to address on E Speedway. South side of street.
General Property Information
Property Sub-Type: Retail
Construction Status: Existing
Lot Dimensions: irregular
Lot Acres: 0.51
Total Parking: 12
Lot Sqft: 22346
Multi-Tenant: No
Lot Size Source: Assessor
Source of SqFt: Assessor
List Price/SqFt: 776.48
Lot Size Price/SqFt: 62.65
Year Built: 1989
Combined SqFt: 1803
Electric
3 Phase Power: Yes
Amps: 208v/120
Electric Company: TEPCO
Income
Other Income: 2856326
Net Opp Income: 206175
Gas
Natural: 1
Construction
Frame - Stucco: 1
Expenses
Other Expenses: 2667158
Sewer
Connected: 1
Unit Information
Other: Gas C-Store
Roof
Built-Up: 1
Rolled: 1
Water
Public: 1
Property Features
A.D.A. Compliant: Unknown
Drop Ceiling: 1
Phase 1 Report: Yes
Smoke Detector: 1
Fence
Block: 1
None: 1
Space Information
Ceiling Height: 12ft
Door Height: 8 ft
Road Type
Gravel: 1
Fenced Storage
No: 1
Lot Features
Corner Lot: 1
Subdivided: 1
Main Cooling
Heat Pump: 1
Main Heating
Heat Pump: 1
Water Heater
Natural Gas: 1
Terms
Cash: 1
Owner Carry: 1
Submit With Offer
Digital Signature Accepted: 1
Earnest Check: 1
Proof of Funds: 1
Seller Title Company: Stewart Title
Accessibility Option
None: 1
Window Features
Double Pane Windows: 1
Low-Emissivity Windows: 1
Security
Alarm Installed: 1
Closed Circuit Camera(s): 1
Security Lights: 1
Green Features
Bath Exhaust Out: 1
Sold Info
Seller Concessions: 0
Selling Comments: cash sale
Landscape - Front
Low Care: 1
Landscape - Rear
None: 1
Parking
Parking Lights: 1
Paved Parking: 1
Business Location
Corner Lot: 1
Free Standing Bldg: 1
Freeway/Highway
Over 5.1 Miles: 1
Traffic Count
15,001 to 35,000: 1
Possession
Negotiable: 1
Property Disclosures
Equipment List: 1
Lead Based Paint: 1
Leases: 1
Special Conditions
None: 1
Remarks Misc
Geo Lat: 32.235007
Geo Lon: -110.810351
Analysis
Cap Rate %: 14.7
Property Features
Property Features: Drop Ceiling; Smoke Detector
Construction: Frame - Stucco
Roof: Built-Up; Rolled
Fenced Storage: No
Main Cooling: Heat Pump
Main Heating: Heat Pump
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: Alarm Installed; Closed Circuit Camera(s); Security Lights
Window Features: Double Pane Windows; Low-Emissivity Windows
Green Features: Bath Exhaust Out
Fence: Block; None
Landscape - Front: Low Care
Landscape - Rear: None
Road Type: Gravel
Parking: Parking Lights; Paved Parking
Lot Features: Corner Lot; Subdivided
Business Location: Corner Lot; Free Standing Bldg
Traffic Count: 15,001 to 35,000
Terms: Cash; Owner Carry
Possession: Negotiable
Submit With Offer: Digital Signature Accepted; Earnest Check; Proof of Funds
Property Disclosures: Equipment List; Lead Based Paint; Leases
Special Conditions: None
Documents
Lead Paint Discl ›Listing Office: Madera Realty and Mortgage
Last Updated: December - 20 - 2024
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