SG 11707 California Kern County Gas Station Truck Stop Development Opportunity

This is not a typical gas station project; it is being positioned as a dominant freeway destination.

Purchase Price: $9,000,000 for the entire site which consist of (41+/- acre).The transaction is structured to close shortly after issuance of the Conditional Use Permit (CUP), which is anticipated within the next 4-6 months. Should the purchaser elect to assume and complete the remaining entitlement process independently, ownership will consider an approperate adjustment to the purchase price. 

Shell commitment: $1.75M for a ten-year fuel supply agreement for the gas station portion.Total all-in project cost will be approximately $23-25 M+/-. inclusive of the pand purchase price. 

 Assets combining:

• High fuel volume potential

• Captured EV charging dwell time 44 supercharging dispensers

• Food & beverage anchor synergy (3 ) major fast food stores inside the conveniant store plus a drive-thru Starbucks or In-N-Out Burger 

• Truck stop componant encompasing approximatel five 4-5 acres

PROJECT HIGHLIGHTS

• Branding Secured: Shell Oil Company has been established as the primary fuel supplier and brand platform

• Strategic Tenant Mix (Curated):

• Shell / Loop Convenience Store (±9,000 SF flagship format)

• Starbucks (Drive-Thru Exclusive – Single Allocation)

• Tesla Supercharging Facility (35–40 stalls planned) 

• Truck Stop Component (8–10 diesel lanes, high-clearance canopy)

• Location Advantages:

• Immediate access off Interstate 5 (major north/south corridor)

• Positioned at a natural traffic slowdown/decision point

• Direct adjacency to recreational gateway (Lake Pyramid traffic draw)

• No competing full-scale travel center in immediate proximity

• Site Design & Visibility:

• Multi-access circulation accommodating passenger and truck traffic

• Mega-size-format freeway pylon signage with national brand exposure

• Integrated solar canopy infrastructure across fueling and EV zones

• Development Status:

• Entitlement process substantially advances

 .  A fifty-foot deep water well to supply the site. A key element for the subject project. A rare commodity to own and utilize for the site

STRATEGIC OPPORTUNITY

The ownership is selectively engaging with national operators and category leaders for final tenant alignment and pad allocation.

1. Revenue 

A. Fuel Operations 

Gasoline: 250,000 gal/month × $0.25 = $62,500/month
Annual = $750,000

Diesel: (unchanged moderate assumption)

180,000 gal/month × $0.28 = $50,400/month
 Annual = $604,800

Shower Revenue- 32-48 showers/day- Average 40 showers/ day @$15/shower= $600/ day

Gross average shower revenue/ month: $180,000

Net shower and diesel revenue- $180,000+ 604,800= $785,000- 40% running expense = Net $471,000 

Total Diesel and Shower Revenue: $1,076,000.00

Gasoline / Diesel/shower aggregate revenue: $1,826,000.00

 B. Convenience Store 

Assumption:

$1,440,000 Annual gross sales

35% margin- $504,000 /month gross profit

Annual = $6,048,000

C. Tenant / Lease Income

SourceAnnualStarbucks Corporation$144,0003 Fast Food Tenants$240,000Tesla, Inc. Pad$180,000 Plus percentage is being negotiated at this stageBillboard$96,000ATM / Misc$36,000Truck Parking / Ancillary$144,000Total Lease Income$840,000

4. NOI

Groos Revenue                      $8,714,000.00
Less expenses                         $2,452,000.00

Annual Income: $6,262,000 (NOI) 

Preliminary Timeline- Estimated

Phase Estimated Duration  
Final Design & Permitting4–6 months Site Grading & Basins3–4 months Utilities Installation4–6 months Fuel System3–5 months Building Foundations1–2 months Vertical Construction 6-8 months Paving, Finishes, Inspections 2–3 months
There are voluminous reports at hand. They will be provided at a later time once required.  
📞 Contact The Saleh Group for more information and showings. Visit us online at www.salehgroup.com.