790 E New Circle Rd
$635,500, .21 Acres
About This Property
BP Gas Station Property for Sale with a Triple Net Lease! Are you looking to expand your gas station portfolio or geographic region? Do you excel at developing Operators and turning around low performing businesses? The value of convenience is extremely high with consumers in today's market. This BP location could be the local's favorite Go To'' where repeat business and loyalty will build your wealth for generations to come. Asking Price $635,500 Monthly Rent $2500 with rent bump in 2nd Term Possible upside from fuel contract $250/Month $0.00 Insurance Cost $0.00 Property Taxes $0.00 Interior/Exterior Maintenance $0.00 Operating Expenses Cap Rate 5.19% Upgraded 2020 Compliant Chip Readers Four fiberglass underground tanks Corner Lot 9,000 square feet ($70.61 PSF) This is a strategic long term investment. You will need 25% to 30% down, if doing a bank loan, to make the numbers work.
Electricity, Water, Telephone, Gas
Listing Provided Courtesy of: Keller Williams Greater Lexington
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