Exxon Station, Mini Mart and Car Wash -- Indian Trail, North Carolina

Description:


Colliers Net Lease Investment Group is pleased to present to qualified individuals a fantastic opportunity to acquire a long term free standing gas station, C-store and car wash operated by GPM – one of the largest gas operators in the country. With a strong financial guarantee and brand new twenty year lease, this asset will bring in steady and reliable income. The property sits on a hard corner with 2.11 acres and has an address of 4303 Old Monroe Rd, Indian Trail, NC.
Located in a prime spot surrounded by retailers, industrial buildings, and residential neighborhoods, this gas station and convenience store is perfectly positioned to attract a steady stream of customers throughout the day. Whether they need to fuel up their vehicles or grab a quick snack on the go, this location offers convenience and accessibility for everyone. The immediate neighbors include a CVS pharmacy, Gregory Plaza, Union Festival, Fifth Third Bank, Autobell Car Wash, Autozone, a Food Lion grocery store and more.
The current site was leased as part of a larger acquisition just executed by GPM Investments. The property is offered at a very attractive cap rate of 7.15% which corresponds to a selling price of $3,743,636. Call for details on the tenants ROFO and the City’s upcoming road improvements.

Members profile:


Advertised by: Peter Block (click here to see full profile)
Email: Email Advertiser

Ad Details


Garage Spaces (put 0 if this does not apply) 0.00
Auto Use Allowed Yes
Property is For Sale
Price $3,743,636 USD
Property Types Retail, Gas Station
Land Types Retail
Cap Rate 7.15%
Lot/Parcel Size 2.11 acres

Use & Status


Best Property Use This is an investment property

Website


Website https://www.colliers.com/en/properties/exxon-indian-trail-nc/usa-43...

Location


Address 4303 Old Monroe Rd
City Indian Trail
State NC
Postal Code 28079
Country USA

Call Me!


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Fax Peter Block, peter.block@colliers.com, +1- 847 384 2840; or Christian Pera christian.pera@colliers.com +1 847 384 2844
Ad id: 45534487
Ad views: 487