Listed by Beam Real Estate
$1,250,000
4700 Judson Rd
Details
Property Type Retail
Sub Type Gas Station, Convenience Store
Square Footage 1,560
Pumps 3
Cap Rate 14.00%
NOI $280,259
Occupancy 100%
Tenancy Single
Pro-Forma Cap Rate 32.02%
Pro-Forma NOI $400,259
Class A
Year Renovated 2020
Acreage 1.000
Zoning C-2 General Commercial
Investment Type Owner/User
Ground Lease No
Sale Condition For sale by owner
Retail | 14.00% CAP | 1,560 SqFt
Marketing description
Gas station and convenience store located at 4700 Judson Rd in Longview with strong revenue streams from inside sales, fuel sales, lottery, ATM, cigarette rebates, and air pump revenue. The property generates significant monthly profit with an NOI of $280,259 annually and a net yearly profit of $171,472.42 at a 14% cap rate. Lot of opportunity to increase profits by adding game machines, food etc
Investment highlights
- Building size 1560 sq ft
- Total pumps 3 with both side nozzles
- Canopy, tank and pumps less than 6 years old
- Average monthly inside sale 60000
- Average monthly fuel Gallons 10000
- Average lotto income $2400 monthly
- Average ATM income $250 monthly
- Average Cigarette Rebates $900 monthly
- Average Air Pump Revenue $30 monthly
- NOI $280,259 yearly
- Net Yearly Profit $171,472.42
- Cap rate 14%
Listing Contacts
Listed by Beam Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$280,259.00
$23,354.92/mo
Valuation Metrics
0
DSCR
22.42%
Cap Rate
22.42%
ROI
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