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32007075
32007055

10842 State Highway 5, Salesville, AR 72653

BC
AR-SA00067934
ERA Doty Mountain Home
Listed by ERA Doty Mountain Home
$499,000
39 days on market
Updated 8 days ago

10842 State Highway 5

Details
Property Type Retail
Sub Type Convenience Store, Gas Station (+1)
Square Footage 1,976
Cap Rate 20.27%
NOI $101,145
Price per SqFt $253
Class C
Year Built 1941
Year Renovated 2023
Acreage 0.250
Zoning C-1
Parking Spaces 5 spaces
Parking Per SqFt 2.53
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

Landmark Convenience Store in the Heart of the Ozarks

Marketing description

Rare Opportunity to own a fully operational gas station and convenience store located on a high-traffic state highway near popular outdoor rec. areas. The store offers wide variety of everyday essentials including a well stocked fishing tackle section. Features include fuel pumps (not owned or leased), dedicated tackle display area prep area/short order kitchen, walk in cooler and FF&E. Strong customer base with seasonal tourist traffic.

Owners are retiring and selling real estate and convenience store business as a package. Business is highly successful and generated gross income of $171,950 with expenses of $70,805 with NOI of $101,145 (20.2% CAP rate). Financials and non-conveyable personal property list available upon request by a qualified buyer.

UST’s are owned, managed and maintained by Tri-Star Energy with no lease in effect. Regular and Mid grade tanks installed around 1986 approximately. Premium tank was decommissioned. Steel tank- rust coated exterior with fiberglass lines. Pumps installed around 1980 +/-

Investment highlights

Owners are retiring and selling real estate and convenience store business as a package. Business is highly successful and generated gross income of $171,950 with expenses of $70,805 with NOI of $101,145 (20.2% CAP rate). Financials and non-conveyable personal property list available upon request by a qualified buyer.

Listing Contacts

BC
AR-SA00067934
ERA Doty Mountain Home
Listed by ERA Doty Mountain Home

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$101,145.00
$8,428.75/mo

Valuation Metrics

0
DSCR
20.27%
Cap Rate
20.27%
ROI

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