About This Restaurant
Investment Highlights
Location/I-95 Exit-Motivated Senior Owner Operator-For Sale Inventory-Newer Gas Tanks-Price Negotiable
Executive Summary
Owner-User/Value-Add Convenience Store with gas. Very active local neighborhood clientele, within 1/4 mile of I-95 exit. Property strategically sits on .78 acre parcel with little/no competition, offering convenience store items and new gas pumps and tanks installed in 2021. There are large unused coolers and separate unused deli setup, to include private office space within the store to enhance income. PLEASE NOTE- Motivated Seller has reduced asking price to $450,000
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Convenience Store Convenience Store General Retail Fast Food General Retail Freestanding General Retail Storefront Convenience Store
- Building Size 1,444
- Building Class B
- Year Built/Renovated 1985/2020
- Price 450,000
- Price Per SF 312
- Cap Rate 3.49
- NOI 15,700
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.04
- Land Acres 0.78 AC
Amenities
- Food Court
- Freeway Visibility
- Security System
- Wheelchair Accessible
- Accent Lighting
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 365-00-03-005 | Improvements Assessment | $860 |
| Land Assessment | $2,340 | Total Assessment | $3,200 |
| Date Created: | 2024-07-16 04:23:36 | Last Updated: | 2024-07-16 04:23:36 |
| Address: | 10295 Lynches River Rd , Lynchburg, South Carolina, 29080 | ||