$1,300,000 Acquisition in Patterson
Industrial Warehouse Acquisition in San Leandro Funded by Rubicon Mortgage Fund, LLC
Loan Amount: $1,300,000
Loan Term: 12 Months
LTC: 60%
Lien Position: 1st Deed of Trust
$1,300,000 Loan Closed for Experienced Operators in Central Valley
Rubicon Mortgage Fund, LLC recently funded a $1,300,000 loan for the acquisition of a retail gas station located just south of Tracy, California, in the heart of the Central Valley. The property sits on a well-known exit off Interstate 5. It is the kind of stop familiar to anyone who has taken a road trip through Northern California. With high visibility, constant foot traffic, and a prime location, this gas station presented a strong opportunity for the right buyer.
The borrowers are experienced operators with a track record of managing multiple retail gas stations. They saw potential in the property’s visibility, layout, and built-in customer base. Traditional financing can often fall short in funding gas station acquisitions, which is why they turned to Rubicon to move quickly and close with confidence.
Why This Retail Gas Station Stood Out
Location, Visibility, and Built-In Demand
This retail gas station is positioned in a classic freeway exit environment. It is surrounded by other gas stations, fast-food restaurants, and a steady stream of drivers. The property includes eight fuel pumps, an on-site Pizza Hut, and a convenience store, creating multiple income streams.
The mix of amenities makes this more than just a fuel stop. It is a high-traffic destination for food and convenience. For experienced operators, this setup creates consistent cash flow and a strong return potential.
Borrowers with Real Experience
The buyers were not new to the gas station business. They have owned and operated several similar locations in California and understood how to manage fuel operations, retail inventory, and staffing. Their expertise gave Rubicon additional confidence in the deal.
This loan also came to Rubicon through a repeat broker relationship. Over the years, Rubicon has funded multiple transactions with this broker, and this continued collaboration is part of our long-term commitment to strong referral partnerships.
Retail Gas Stations and Private Lending
Why Private Lending Can Make the Difference
Retail gas stations can be difficult for traditional banks to finance due to their unique operations, environmental concerns, and the complexity of underwriting fuel-based businesses. That is where private lenders like Rubicon Mortgage Fund, LLC step in.
Rubicon focuses on asset-based lending, which means we evaluate the strength of the real estate, the borrower’s experience, and the revenue potential. In this case, the value of the property, the borrower’s track record, and the strategic location all made this a strong fit.
Quick Closing When It Counts
This deal closed quickly, meeting the seller’s timing expectations and helping the borrower secure the asset without delay. Rubicon specializes in moving efficiently when traditional lenders cannot.
Exit Strategy: Refinance with Traditional Financing
The borrower’s plan is to refinance this loan with a conventional bank once stabilized. This is a common exit strategy we see with retail gas station acquisitions, especially when the initial timeline requires private capital to secure the purchase. Once the borrower has ownership, updated financials, and operations in place, bank refinancing becomes much more feasible.
Final Thoughts
Rubicon Mortgage Fund, LLC is proud to support experienced operators with the capital needed to move quickly on high-potential real estate. This retail gas station acquisition in Central Valley is another example of our ability to work with repeat brokers, fund niche property types, and deliver fast results when others cannot.
If you are a borrower, broker, or investor working on a retail, industrial, or special-use property, Rubicon is ready to help you close with confidence.
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