76 Service Station
2025 Monument Blvd,
Concord, CA 94520
Prime Location on Heavily Trafficked Thoroughfare
Owner/Operator
Lease Type
1971 | 2021
Year Built
1,659
Building SF
33,328 VPD
Traffic Counts
.52
Land Acres
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Owner/Operator
Lease Type
1971 | 2021
Year Built
1,659
Building SF
33,328 VPD
Traffic Counts
.52
Land Acres
INVESTMENT OVERVIEW
Essential CRE is pleased to present the exclusive opportunity to acquire 76 service station located at 2025 monument Blvd in Concord, CA (SF-East Bay). This offering includes both of the real estate and business including all improvements. The subject property is 1,596 square feet, resides on .52 acres of land and was constructed in 1971 with a major remodel completed in 2021. The property is strategically located Monument Blvd in a primary commercial arterial situated in this highly sought-after East Bay market with major expansion or redevelopment potential. Seller is willing to lease-back auto repair service portion of the business.
INVESTMENT HIGHLIGHTS
Hard Corner Signalized Intersection with Great Ingress/Egress and Fantastic Visibility; Value-Add Opportunity with Space for C-Store Expansion
2-Canopy and 3-Bay Service Station with Combined Smog Service Center; 8 MPD’s, 2 UST's each with a Capacity of 12,000 Gallons
Recently Remodeled in 2021, Double Wall Fiberglass Tanks and Updated Pipe/Tank Monitoring System; Fuel Supply Agreement Expires in May of 2030 with No Right of First Refusal
1,174,583 Total Gallons Sold in 2022 with an Average $0.85 Margin along with $830,874 in C-Store Sales and $900,660 in Auto Repair Income
MARKET OVERVIEW
Concord is located in the East Bay of Contra Costa County, California. It is situated about 31 miles east of San Francisco and covers an area of approximately 31 square miles. According to the US Census Bureau, the population of Concord was estimated to be 129,295 as of 2020. Concord also has a strong economy with a variety of industries, including healthcare, education, and technology. The city is home to several major employers, including John Muir Health, Chevron Corporation, and Wells Fargo. Additionally, Concord is easily accessible by several major highways, making it a popular location for businesses and commuters alike.
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
Nick Cole
Vice President of Investments
(925) 482-7044
nick@essentialcre.com
CA 01977282
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