Rare Owner/User Opportunity in Coastal Florida in Prime Retail Arterial
Actual EBITDA Exceeding $660,000
Excellent Business Operating History with Strong Support from Local Communities
New 220 Unit Affordable Housing Complex on Neighboring Parcel Opening 2017-2018
Across from Holiday Centre Anchored by Publix and Planet Fitness and Next to Sunray Center Anchored by Aldi
Located Along a Major Retail Corridor and Surrounded by National Retailers that Include: Dollar General, McDonald’s, Walgreens, CVS, Camping World, AutoZone and Much More
At Signalized Intersection with No Other Gas Station, C-Store Competitor
Strong Traffic Counts of Over 89,000 VPD Along US Highway 19
Excellent Demographics of Over 141,000 Residents Within a 5-Mile Radius
CITGO Petroleum Corporation, a Delaware corporation with headquarters in Houston, refines, markets and transports gasoline, diesel fuel, jet fuel, lubricants, petrochemicals, and other petroleum-based industrial products. CITGO has 3,500 employees and is owned by CITGO Holding, Inc., an indirect, wholly owned subsidiary of Petróleos de Venezuela, S.A. (PDVSA), the national oil company of the Bolivarian Republic of Venezuela.
CITGO owns and operates three highly complex crude oil refineries located in Lake Charles, La. (425,000 barrels-per-day [bpd]), Lemont, Ill., (167,000-bpd) and Corpus Christi, Texas, (157,000-bpd). These refineries process approximately 204,000 bpd of Venezuelan crudes, including supplies from Orinoco Oil Belt upgraders. The combined aggregate crude oil refining capacity of 749,000-bpd, positions CITGO as one of the largest refiners in the nation. The company owns and/or operates 48 petroleum product terminals, one of the largest networks in the country.
In 2015, CITGO sold approximately 15.5 billion gallons of refined products. The company markets quality motor fuels to independent marketers who consistently rate CITGO as one of the best branded supplier companies in the industry. CITGO branded marketers sell motor fuels through more than 5,300 independently owned, branded retail outlets. CITGO markets jet fuel directly to airlines and produces a variety of agricultural, automotive, industrial and private label lubricants which are sold to independent distributors, mass marketers and industrial customers as well as other clients. In addition, the company sells petrochemicals and industrial products directly to various manufacturers and industrial companies throughout the United States.