$549,900
Gas Station Property for Sale
Details
APN 106610
Property Type Retail
Sub Type Convenience Store, Gas Station
Cap Rate 5.00%
Tenancy Single
Brand/Tenant Exotic 777
Lease Type Gross
Lease Term 5
Lease Expiration 01/31/2028
Remaining Term 2
Broker Co-Op Yes
Year Built 1998
Acreage 0.410
Zoning BG/ED
Parking Spaces 10 spaces
Retail | 5.00% CAP
Marketing description
Gas Station Property center is available for sale as an investment property. Tenant-occupied premises with a lease until Jan- 2028. Current rental income of $2,500/month per the lease agreement. Being offered at approx 5% CAP Rate, the current annual gross income is $30,000.00. Seller is open to considering serious offers. Situated in proximity to downtown Eden and The Smith Rive. C-store has a sizable interior and is well-equipped. No Gas contract in place, Buyer can sign a new contract with company of his choice. till Feb 2028. 6000 Traffic Count on Boone Rd and 9500 Traffic Count on Hwy 770 as per 2023 NCDOT Annual Average Daily Traffic mapping application.
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