Fully Rented Convenience Store & Gas Station
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $23400
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description Investment property. Fully rented Convenience store, gas station, & restaurant for sale near Sanford, NC. Restaurant and C-store are attached with interior access to each other. Each is rented separately with a 5 yr lease and a 5 yr renewal. The total rent generated is 1950/mo with a scheduled increases for both. The property is in an area not far from Fort Bragg where the expected growth in the next 2 years is tremendous. Good play for the future for the smart investor! the cap rate is 9.4% at the asking price. Potential for seller financing with $120k Down.
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