Good investment retail center

Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price	$2,500,000	Inventory
Gross Income	$2,000,000	Real Estate	$2,300,000*
Cash Flow	$480,000	Year Established	1993
FF&E	$350,000*	Employees	10

* included in the asking price

** not included in the asking price

18,325 SF retail strip center located nearly 2 acres prime retail location on US 29 main corridor. Property rental Income : $196,912 with 4% annual escalation from six tenants. Convenience store/restaurnat had over $300,000 cash flow and the business alone was appraised over $850,000 by the nationally known Gulf Coast Financial. Shell Brand fuel : all fuel equipments have been newly upgraded including 20,000 gal. blended, 10,000 gal. for diesel, total $30,000 gal. tanks. A great investment opportunity to own a prime choice property with 17 % CAP cash flow from C-store/ restaurant entreprenual owner operation.

Facilities: Building:1993 built / long term stable tenants / lease is below area market rate.

Competition: Well known area retail shopping place. There is no place like this.

Growth/Expansion: Energetic, visionary owner operator will serve the area far better by keeping up and bring the c-store/restaurant, the main asset to a true cash flow source.

Financing: Considerable portion will be seller financed for a qualified buyer

Support/Training: Will support & train

Reason Selling: Retirement