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15531 Richmond Parkway, Richmond, CA 94806

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For Sale

Blatteis Realty Co. is pleased to present for sale the ground lease with an existing ARCO/ampm gas station facility located at 15531 Richmond Parkway in Richmond, CA. This investment opportunity is a net ground lease with BP West Coast Products, LLC as the tenant who constructed an ARCO branded fuel station with accompanying am/pm convenience store and carwash that was completed in 2004.
 
 
Improvements
The subject’s site is improved with an ARCO branded gas station-car-wash-mini-mart with 3,799-sq. ft. (per public records) of building area, which was built in 2004. In addition, there are (16) fueling positions with an overhead canopy and underground gasoline storage tanks. The lot coverage ratio is 8% (3,799 sq. ft. of bldg./45,783 sq. ft. of land). The improvements were built by the tenant who has four years left on the lease plus one 5-year option. The improvements may revert to the landlord at the termination of the lease.*
 
 
Zoning
According to the Richmond Planning Department, the subject property is zoned “CM-3” (Commercial-Mixed Use District), which permits most commercial uses including a gas station-car wash-mini-mart. Parking varies according to use. The subjects existing improvements (gas station with car wash and mini-mart appears to be a legal, conforming use.*
  • Size: ±3,799 Square Feet
  • Sale Price:$3,600,000.00
  • Lot Size: 45,738 Square Feet
  • Listing Type: Buildings for Sale
  • Apn Parcel Id: 405-050-091

This Statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described above shall be conducted through Blatteis Realty Company. The above information, while not guaranteed, has been secured from sources believed to be reliable. Blatteis Realty has not verified its accuracy and make no guarantees, warranty or representation regarding this information and it is published subject to the possibility of errors, omissions, changes of listing information including price, term, financing, or withdrawal without notice. We include projections, estimates, opinions and/or assumptions, for example only, and they may not represent current or future performance of the property. You should consult your tax and legal advisors before to verify the validity of estimates. All commercial or mixed-use property presented by Blatteis Realty is subject to local zoning codes and regulations. It is the sole responsibility and liability of tenants and property owners to obtain all applicable required building permits and/or certificates from the local city/town Planning Department before commercial property use can commence or a building can be built.

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