Property Details
Owner MUST SELL this Award-winning VALERO with OVER 40K gallons/MO BLEND & massive inside sales by 12/31/19. 1.7MM GROSS, 135K NET, 30% CAP RATE @ 450K (down from 550K). This offering includes both the land with 250' frontage and turnkey Valero franchise which is cash flowing and completely remodeled with mini-mart and brand new restaurant increasing sales year over year. The property has excellent curb appeal being located on very heavily traveled State Route 902 and next to the city center with massive foot traffic. ALL financials are available upon request. Roughly 150k in recent upgrades including all new pumps, new roof, led lights, interior upgrades, restaurant buildout, etc. All certificates & environmental up to date, and site inspection passed. With Valero contract, owner makes 1.5 cents per gallon in rebates. The mini-mart includes a full kitchen which generates over $25,000 per year. Confirmed best-rated gas station in a 5-mile radius. Close to route 209, 309, 476 and 81.
- Property TypeRetail
- Year Built1978
- Total Building Size944RSF
- Total Acres0.21
- Number of Floors1
- ZoningCommercial
- Property ID2048802