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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.
Click Here To Contact Seller

    

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