Good ROI on Gas Station Investment Property

Chatham County, NC

Good ROI on Gas Station Investment Property
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Asking Price: Get Financing: $525,000

Gross Revenue: N/A

Price/Sq. Ft.: N/A

NOI: N/A

Building SF: N/A

FF&E: N/A

Year Built: N/A

Good ROI on Gas Station Investment Property

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Property Description

Commercial Investment Property in rapidly-developing Chatham County. This property has a long-term lease with a solid tenant and will deliver a good return on investment for the next owner. Monthly rent is $3,500 at triple net terms.

Property is in good condition and has been well-maintained by the current owner including several upgrades. Recently re-branded and re-imaged by an oil company, the station is modern with an old-fashioned feeling. Economic prospects for the area are good as Chatham County continues to grow which should result in solid real estate appreciation for many years.

The Cap Rate is 8% and the leveraged ROI is estimated at 14%.

The current owner wants to free up his equity for other projects.

Detailed Information

Type:
Retail
Building Status:
Established
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County South Business Brokers

Property Listed By:
County South Business Brokers

Winkie & Associates Realty, Inc.

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