Exxon Station, Mini Mart and Car Wash -- Indian Trail, North Carolina
|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.
|Advertised by:||Peter Block (click here to see full profile)|
|Garage Spaces (put 0 if this does not apply)||0.00|
|Auto Use Allowed||Yes|
|Property is||For Sale|
|Property Types||Retail, Gas Station|
|Lot/Parcel Size||2.11 acres|
Use & Status
|Best Property Use||This is an investment property|
|Address||4303 Old Monroe Rd|
|Phone||+1 847 384 2840|
|Cell Phone||+1 847 384 2844|
|Fax||Peter Block, email@example.com, +1- 847 384 2840; or Christian Pera firstname.lastname@example.org +1 847 384 2844|