$1,250,000
Marathon Gas Station
Details
Property Type Retail
Sub Type Gas Station
Square Footage 1,500
NOI $273,570
Tenancy Single
Acreage 0.210
Investment Type Stabilized
Retail | 1,500 SqFt
Marketing description
PLEASE NO BROKERS ONLY BUYERS
Investment highlights
- Business Type: Marathon-branded gas station with convenience store
- Location Market: Detroit, Wayne County - Warren Ave corridor
- Revenue Streams: Fuel sales, in-store retail, and ATM
- Lot size: 9,148 sq ft (0.21 acres)
- Structure 1,500 sq ft
- 3 MPD (multi-product dispenser) pumps
- Marathon-branded fuel supply
- 3 underground double walled fiberglass tanks: 10,000 gallons, 6,000 gallons, & 4,000 gallons
- Around 25 years old environmentally sound, all testing has good results
Listing Contacts
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$273,570.00
$22,797.50/mo
Valuation Metrics
0
DSCR
21.89%
Cap Rate
21.89%
ROI
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