1420 E Pershing Rd - Service Station FOR SALE


Decatur, IL 62526
$700,000 USD
310-432-6400
1420 E Pershing Rd, Decatur, IL for Sale
$700,000 USD
Service Station - FOR SALE
1/6
null | Request Cap Rate

1420 E Pershing Rd
Decatur, IL 62526


OVERVIEW

The store was just recently renovated and is absentee-owned and already showing strong early performance. Historically it did with inside sales at $55,000/month, 50,000 fuel gallons (45 cent margins), and lottery sales at $95,000/month (netting $4,500) all continuing to rise as the business ramps up. Sales are expected to surpass historical’s as current foot traffic has increased in the area. The site includes 4 dispensers, three food trucks on-site and on a lease, and a U-Haul dealership. It sits in the parking lot of a large former retail building that is likely being converted into a tire and retail outlet store, offering strong future customer draw. Total cross street traffic count is 37,044 VPD.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$560 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

INDUSTRIAL

APN/PARCEL ID

07-07-35-480-017

ASK ABOUT THIS PROPERTY

Max LevinAiCRE PartnersMore Info
310-432-6400

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Max LevinAiCRE PartnersMore Info
310-432-6400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.