Maher Commercial Realty, led by Oron Maher and Arian Zerehi, continues to lead the specialized automotive and fuel property market. With 50+ locations sold and a network of all-cash, pre-approved buyers, we excel at navigating complex transactions involving oil company approvals, environmental due diligence, and creative deal structuring. Below, explore our current active opportunities and one in escrow property across California and New Mexico.
⚖️ In Escrow
1101 Yulupa Avenue | Santa Rosa, CA – Valero-Branded Gas Station
Price: $2,199,000 | NNN Lease with Investment-Grade Tenant
- Tenant: Valero Energy Corporation (NYSE: VLO) – $170B+ annual revenue
- Lease Structure: Absolute NNN through November 2027
- Location: Whole Foods-anchored shopping center in affluent Bennett Valley
- Improvements: Five EMV-compliant dispensers + four double-wall USTs
- Terminal Value: Full improvement reversion in 2027
- Traffic: 13,800 VPD | Demographics: $104,000+ average HHI
- Environmental: Valero handles all compliance and remediation
- Upside: Repositioning potential post-2027 lease expiration
🔧 Active Listings
1. 411 S. Harbor Blvd | Santa Ana, CA – Iconic Auto Body Facility
Price: $2,845,000 | Legacy Automotive Operation
- Building: 5,000 SF purpose-built auto facility
- Lot Size: 8,900 SF | Zoning: SP-2 (automotive uses)
- Traffic: 46,000 VPD on Harbor Blvd
- Legacy: 40+ years as McJack’s Corvettes restoration shop
- Features: Spray booth, 7 hydraulic lifts, gated yard
- Rent Potential: $16,250/month ($3.25/SF NNN)
- Ideal For: Owner-users or investors seeking automotive-zoned real estate
2. 1145 US Hwy. 491 | Gallup, NM – O’Reilly Auto Parts
Price: $2,300,000 | 7.0% Cap Rate | Absolute NNN
- Tenant: O’Reilly Automotive (NASDAQ: ORLY) – Fortune 500 company
- Lease: Absolute NNN through 2032 + renewal options to 2047
- Location: Signalized corner on US Highway 491 (near I-40)
- Building: Freestanding retail on 56,192 SF corner lot
- Operation: Continuous occupancy since 1999
- Surroundings: Walmart, McDonald’s, Starbucks, Walgreens
3. 21011 Pioneer Blvd | Lakewood, CA – Express Car Wash Conversion
Price: $3,500,000 | Turnkey Business + Real Estate
- Business: 2024 Gross Profit: $839,718
- Infrastructure: 80-foot tunnel (expandable to 110 feet)
- Conversion Cost: $250,000–$500,000 to express model
- Location: Corner lot at signalized intersection (28,000 VPD)
- Multiple Income Streams: Car wash, lube shop, C-store, vacuums
- Recent Upgrades: $700,000 in improvements including new conveyor system
- Zoning: LKC3 | Access: Immediate 605 Freeway entry
4. 23156 Los Alisos Blvd | Mission Viejo, CA – Car Wash Business
Price: Business Sale | Long-Term Leasehold Opportunity
- Lease Through 2053: $22,000/month + 3–6% annual escalations
- Facility: 110-foot tunnel with $330,000 in recent upgrades
- Traffic: 29,600 VPD near 24 Hour Fitness anchor
- Demographics: 80,000 residents within 2 miles ($120K avg. HHI)
- Business-Only: No real estate capital required
- Modern Systems: New conveyor, RO system, vacuums, POS
- Ideal For: Experienced operators seeking established cash flow
Investment Comparison
| Property | Type | Price | Strategy | Key Metric |
|---|---|---|---|---|
| 1101 Yulupa | Gas Station | $2,199,000 | Credit Tenant NNN | Valero Reversion 2027 |
| 411 Harbor | Auto Body | $2,845,000 | Owner-User/Legacy | 46,000 VPD Traffic |
| 1145 Hwy 491 | Auto Parts | $2,300,000 | Passive NNN | 7.0% Cap Rate |
| 21011 Pioneer | Car Wash | $3,500,000 | Business Conversion | $839,718 Gross Profit |
| 23156 Alisos | Car Wash Biz | Business Sale | Leasehold Operation | Lease to 2053 |
Why Invest in Automotive & Fuel Properties?
✅ Recession-Resistant Demand
Essential services maintain consistent cash flow through economic cycles
✅ Credit Tenant Security
Publicly traded companies (Valero, O’Reilly) provide investment-grade stability
✅ Multiple Exit Strategies
Operate, re-tenant, redevelop, or hold for land value appreciation
✅ Limited New Supply
Entitled fuel sites are increasingly scarce due to environmental regulations
Market Insights
- Santa Rosa: Whole Foods-anchored centers command 20% rental premiums
- Santa Ana: Automotive-zoned Harbor Blvd properties trade at $500-600/SF
- Gallup: Credit-tenant NNN deals in secondary markets yield 6.5-7.5% caps
- Lakewood: Express car washes see 20%+ IRR post-conversion
- Mission Viejo: Established car wash businesses achieve 3-4x SDE multiples
Our Automotive & Fuel Expertise
We’ve successfully closed deals involving:
- Oil company brand conversions and franchise agreements
- Environmental remediation and UST compliance
- Sale-leasebacks with national auto parts retailers
- 1031 exchanges into passive NNN investments
- Business-only sales with leasehold valuations
Free Property Valuation
Considering selling your gas station, auto repair, car wash, or automotive property? We offer:
- Confidential valuations based on recent comparable sales
- Off-market sale options to avoid business disruption
- 1031 exchange guidance into passive automotive investments
Contact us today to discuss these opportunities or receive a complimentary property assessment.
Next Steps for Investors
Interested in these opportunities? Contact us to:
- Schedule property tours and business reviews
- Access financial documentation and rent rolls
- Discuss financing and due diligence timelines
- Explore 1031 exchange options
Maher Commercial Realty: Your trusted partner in automotive and fuel property investments nationwide.
All information deemed reliable but not guaranteed. Buyer to verify all details.
