Lee & Associates – North San Diego County Completes the $2 Million Sale of Gas Station Site in Escondido
Escondido, Calif.—August 29, 2016— Lee & Associates, one of the largest national commercial real estate firms, has completed the $2,000,000 sale of a gas station site with plans to rebrand as an independent gas station. The site, formerly occupied by Valero, is located at 2825 Auto Parkway at the corner of Highway 78 and Nordahl Road in Escondido, California. The 28,750 square-foot lot includes a 1,050 square-foot retail/ service station and is automobile accessible by two curb cuts.
Trent France of Lee & Associates – North San Diego County and Kent Moore of Palomar Commercial represented the buyer, ASAP Investments. Mack Langston and Kris Boehmer, represented the seller, KGD Enterprises.
ASAP Investments purchased the property as an investment with a possibility for future expansion on the existing service station. Additionally, ASAP acquired the business and will operate an independent gas station and store from the location.
“This property is a great investment opportunity for ASAP Investments,” stated France. “The property’s freeway visibility and heavy traffic counts creates an ideal location for an independent gas station and potential for expansion.”
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Celebrating more than 37 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in North America with locations across the U.S. and Canada including California, Colorado, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Vancouver BC and Wisconsin. With more than 800 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn and Twitter.