405 GA-299 - Retail FOR SALE


Wildwood, GA 30757
$3,300,000 USD
770-664-9999
405 GA-299, Wildwood, GA for Sale
$3,300,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

405 GA-299
Wildwood, GA 30757


HIGHLIGHTS

  • Separate Kitchen with Vent-a-Hood in the Building! Huge opportunity to expand the kitchen and provide more options!
  • Property is huge at 8.45 acres! Opportunity to develop the remaining land!
  • Prime highway frontage and excellent visibility with heavy trucker and traveler traffic!

OVERVIEW

Buyer may receive a COAM waiver for the right price! Seller is willing to do a lease-purchase for the Property for only $399k plus inventory! The monthly payment will be $12,850 NNN per month with a payoff of the remaining balance within 3 years. Amazing opportunity to avoid upfront bank fees! Inside Sales are currently averaging $90,000 per month! Outside Sales are currently 25,600 gallons per month averaging 15 cents per gallon for regular gas and 20 cents per gallon for diesel! Gas Profit is $4,000 per month! Jobber Contract is Rack+1 with JAT Oil. Seller receives a 2-cent rebate! Lottery Commission is $2,500 per month! ATM commission is $500 per month! Game machine commission is an average of $16,000 per month one-side! Buyer will receive a 5-year COAM contract. Buyer may receive a COAM waiver for the right price! Truck Parking rental income is $4,500 per month! Net Profit is over $27,000 per month AFTER paying $11,500 in Payroll and all other expenses! Huge opportunity for an Owner-Operator to take home nearly $40,000 per month! JUST the Real Estate appraised for $3,050,000 in September of last year! That $3,050,000 does not include the business value!

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$825 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Truck Stop Gas Station near Chattanooga, TN

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

054-00-042-02

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.