Sunoco Express 

1094 West state road 436
Altamonte Springs, FL 32714
County: Seminole

For Sale

Active  

Primary Type:

Retail
Service/Gas Station

Building Size:

1,000 SF

Lot Size:

32,234 SF

Occupancy:

100.00%

Price:

$990,000

Price/SF:

$990.00

Cap Rate:

6.00%

Year Built:

1986

Date Last Verified:

5/10/2007

Property ID:

14638826

Additional Information 
 
Property Description:
Major brand gas station right on one of the busiest highways, heavy traffic flow, currently pumping 35000+gallons convenience store is doing 20 to 30 k plus lotto, vacuum & phone. Excellent for owner operator, you can add, other things to increase income.
New double wall tanks, new dispensers, new monitoring system etc. recently rebranded to Sunoco, a lot of potential to increase income, you can also buy the house behind the gas station 20,000 more square feet of land all for $1,500.000.00 excellent for a major franchise company, asking price is base on the real estate value and future, use not on income of actual business, you can buy the business only for $50,000.00 and lease for $4000.00 per month great opportunity for somebody that is looking for convenience store and gas station business.

Location Description:
located on a busy highway, store and gas station was recently re-builded on a large lot with ample parking.

No. Stories: 1 Additional Types: Free Standing Bldg
      Vehicle Related
Parking Ratio: 5 / 1,000 SF   Retail (Other)
Cross Streets: Pearl lake cross way    
TaxID/APN: 17-21-29-502-0A00-0300
 Highlights 
 
great location very well maintained
 
very busy road good neighborhood
 
new fuel system new A/C system
  Financial Summary Actual  
Scheduled Gross Income: $480,000
Effective Gross Income: $144,000
  Maintenance: $4,000
  Taxes: $4,353
  Insurance: $4,500
  Other Expenses: $9,000
Total Expenses: $21,000
Net Operating Income: $123,000
  Debt Service: $60,000
Pre-Tax Cash Flow: $63,000
 
  Major Tenant Information
Tenancy Type: Single
 
 
  Debt & Equity Information
No Debt & Equity Information Provided