Listed by QUANTUM Realty Group
$1,475,000
Bangs West Texas
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,160
Cap Rate 21.57%
NOI $318,228
Occupancy 100%
Price per SqFt $683
Year Renovated 2019
Ground Lease No
Retail | 21.57% CAP | 2,160 SqFt
Marketing description
Gas Station - Exxon Brand, this station is in great location on a main Hwy very high traffic, station has been renovated in 2019 and all pumps, canopy, digital price sign and POS system are new. All third-party reports have been done (appraisal, Phas-1, Phase-II),
Investment highlights
- Require owner operator, station is currently run by employees with absentee owner.
- Gas station, C-store and Fast food
- Inside sales aproximatly $74 K and outside gallons 20K (per Month)
- other income Lottery/lotto $1200, Rebate $3429, ATM $1100, GM $3200
- Appraisal in hand and phase I and Phase II are complete with letter from TCEQ
- Price is below replacement value
- SBA approved with 10% - 15% Down for qualified buyer
- Call me today for more informations
Listing Contacts
Listed by QUANTUM Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$318,228.00
$26,519.00/mo
Valuation Metrics
0
DSCR
21.57%
Cap Rate
21.57%
ROI
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