- Costco is planning to open a stand-alone gas station. The station will be located in Mission Viejo, Calif. in an area formerly occupied by Bed, Bath & Beyond. The station is expected to open next spring. The gas will only be available to Costco members.
If cheap hot dogs aren't of interest and you don't need a pack of paper towels that fills up your car's trunk, Costco's latest business venture could be right up your alley.
The retailer will reportedly launch its first stand-alone gas station in Mission Viejo, Calif. – a part of Orange County. The gas station, which will take over the space formerly occupied by a Bed, Bath & Beyond store, will be two miles away from the nearest Costco retailer and it's going to be a whopper.
With 40 pumps, it will be Costco's biggest gas station – and, like the ones that are part of Costco stores, the pumps (and discount prices) will only be accessible to Costco members. It's also located just off of the 5 freeway, one of the nation's busiest roads.
The station won't have a convenience store attached, so don't plan on getting a bit to eat or a drink when you fill up. Construction is expected to begin this fall and the facility should open in the spring of 2026.
Costco does not comment on locations that will be opening more than three months in the future.
Gasoline has been an increasingly valuable commodity for Costco. The retailer reported its two highest gallon sales weeks in the U.S. in April after extending gas station hours and opening new stations earlier this year.
CEO Ron Vachris said the extension of gas station hours in North American “was a great indicator that the throughput for our members improved nicely, and we saw that immediately in gallon increases.”
This story was originally featured on Fortune.com
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