This article details the record-breaking $10.2 million sale of a single-tenant ARCO gas station property in Stockton, California. The asset included multiple income streams such as fuel sales, a convenience store, a car wash, and EV charging infrastructure, all secured by a long-term triple-net lease. Investors were attracted to the property’s strong traffic counts, modern improvements, and credit-backed lease structure. The sale demonstrates how premium automotive real estate with diversified revenue can command top-of-market pricing, especially when paired with tax-advantaged structures like 1031 exchanges.
