303 W Howard St - Service Station FOR SALE


Atmore, AL 36502
$799,000 USD
770-664-9999
303 W Howard St, Atmore, AL for Sale
$799,000 USD
Service Station - FOR SALE
1/1
null | Request Cap Rate

303 W Howard St
Atmore, AL 36502


HIGHLIGHTS

  • Store is highly visible from the highway! Located in the heart of Atmore, Alabama, a growing community!
  • Local population growth is 2% per year and median household income is $39k!

OVERVIEW

Inside Sales are an average of $65,000 per month! Outside Sales average 25,000 gallons per month at 36 cents margin per gallon! The store is currently operated by a tenant. Jobber Contract is Rack+1 with 10 years remaining on the current brand agreement. The jobber contract will renew for an additional 10 years and Jobber will pass on all benefits of the new brand to the Buyer upon the renewal! Geographic & Demographic Details: Store is highly visible from the highway! Located in the heart of Atmore, Alabama, a growing community! Store is over 1,800 SF on a 0.66 acre lot! Local population growth is 2% per year and median household income is $39k! Nearby restaurants include Atmore Real Reggae Kitchen, Jalisco Mexican Restaurant, Dixie Catfish, Hog Branch BBQ & Grill, and Creek Diner. Apartments nearby such as Atmore Garden Apartments, McRae Apartments, and Rocky Ridge Apartments provide steady local demand. Schools like A.C. Moore Elementary, Atmore Christian, Rachel Patterson Elementary, and Escambia County Middle collectively serve over 1,200 students and faculty! Coastal Alabama Community College is only 30 min away with another 4,500+ students and staff to the area. Less than an hour from Mobile, AL! 1 hour 40 min from Montgomery, AL! 2 hour 20 min from Hattiesburg, MS! Asking Price for the Business and Property has been reduced to $799,000 plus inventory! If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$516 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Gas Station with Property in Atmore, AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,715 SF

ZONING

-

APN/PARCEL ID

26-04-20-3-008-002.001

ASK ABOUT THIS PROPERTY

Kavita PurohitRiver BrokersMore Info
770-664-9999

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Kavita PurohitRiver BrokersMore Info
770-664-9999

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