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Virtual Drive-By

Chevron NNN

44214 National Trails Highway · Newberry Springs, CA 92365 · Convenience / Fuel

Asking price
$850,000
Cap rate
NOI (derived)

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNNN
Term remaining
Expiration
Rent bumps
OptionsNegotiable
Ground leaseNo
Credit profile
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF2,102
Price / SF$404
Year built
Lot size0.88 ac
TypeGas Station, Convenience Store
Days on market54

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​Flexible Fuel Agreement - Fuel Contract Expiration 2026
  • ​Independent Store Brand
  • ​Can be delivered Independent or slated for conversion to Mobil branding through Supreme Oil
  • ​Expected fuel cost reduction of approximately $0.30–$0.40 per gallon compared to current Chevron supply
  • ​May be acquired individually or as part of a two-site portfolio with nearby location at 35555 Ghost Town Rd, Yermo, CA 92398
  • ​Offering strong operational efficiencies and scalability for a multi-site operator
  • ​Absentee Owner-User operator type
  • ​Rental Income +/- $1,500/mon (Restaurant)

Property overview

This opportunity may be acquired individually or as part of a two-site portfolio with the nearby location at 35555 Ghost Town Rd, Yermo, CA 92398 (approximately 12 miles apart), offering strong operational efficiencies and scalability for a multi-site operator.​ The business is currently branded Chevron, with the existing fuel supply agreement nearing expiration.​ It can be delivered Independent or the site is slated for conversion to Mobil branding through Supreme Oil, which is expected to reduce fuel costs by approximately $0.30 per gallon compared to current Chevron supply; presenting a meaningful upside in fuel margin.​

Ownership is open to long-term lease structures on both sites:

Base Rent starting at $12,000/month, NNN with tenant responsible for real estate taxes, insurance, and maintenance.​

The Seller is a large multi-site operator and will not provide formal financial statements.​ Prospective Buyers must rely on historical register sales reports and independently underwrite the opportunity, including proforma modeling and financing assumptions.​

Take the next step on this property

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.