• 1350 Holden Ave, Orlando, FL 32839

This property isn't on the market right now.

Property Details

Retail For Sale

This Texaco station/convenience store is a true neighborhood store which receives most of its business from customers from immediate surrounding neighborhoods. The owner has worked over a number of years to establish a loyal clientele. The owner is now part-time/semi-absentee.
The store is a textbook example of benefiting from good neighborhood relationships. The store provides area customers a ready resource for quick service and affordable limited item transactions. While transaction counts are greater, neighborhood stores create higher margin results. Additionally, the location benefits from the stop and go commuter traffic on high traffic SR441/OBT.
Merchandise sales are approximately $61,000 monthly at a 35% profit. Monthly Lotto commissions are $1,750. a month, fuel sales are approximately 30,000 Gallons @ .08 cents profit per gallon. The long-term rental lease of the property is at attractive rates: $5,500 monthly (Including all charges and fees).
Future Growth:
A retail center is under construction across the street, which will greatly increase retail traffic near the station.
The city is considering to expand Holden Avenue. This project will create a through-fare between two major roads, resulting in significant traffic increases.
Competition:
Chevron (Competing for the same neighborhood)
Various stations on the main highway (focused mostly on the commuter traffic going to the interstate)
Sales and margins can be improved further by adding:
Money Order/ Western Union
Check Cashing Bill Payment Deli food
E2 applicants may qualify subjected to immigration requirements.
Location
Located few blocks off a major road, right onto a street leading to densely populated neighborhoods.

Highlights

  • Attractive Lease Rate
  • Neighborhood Location
  • New commercial development & Expansion

  • Property Type
    Retail
  • Submarket
  • Total Building Size
    2,000RSF
  • Total Acres
    0.68
  • Property ID
    370584