This Retail Property is Off-Market.

3620 Hwy 280
Alexander City, AL 35010 ·

87,000 SF · Retail For Sale

N/A

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Amerimart convenience store/Gas station

Price N/A Commission Split 1%
Building Size 87,000 SF Cap Rate 11%
Property Type Retail Occupancy 100%
Property Sub-type Service/Gas Station Tenancy Multiple
Property Use Type Investment
Listing ID: 15380073 Date Created: 10/09/2007 Last Updated: 05/06/2009

Description

The subject property includes a busy convenience store, gas station, washetria, car wash, and a fast lube business. Each one is profitable in its on right. The property is 3 1/2 years old and the reveues continue to grow each year. The gas station has 2 12,000gallon tanks and 1 10,000gallon tank.The store has Gilbarco Passport POS with 2 cash registers that are seamlessly interfaced to a back office system with a REAL TIME inventory and management control.State of the art Check Cashing system with a recycling safe that allows for SUPERIOR CASH MANAGEMENT and RECONCILIATION. The Fast lube is leased out for ANOTHER 111/2 years for $4,500/mo.
The Car wash is an automatic touch free system with 3 seperate bays for Self Service and 6 vaccum islands.

Please call Hanifa at or send email to

A Corner lot with a great interstate location , visibility, and accessability --just off Hwy 280. Well maintained and attactive signage. New development of commercial and residential communities all around. Fishing enthusiasts flock to participate in Fishing competitions on Lake Martin.
Strong Economic growth in the area.
Recently voted as one of the BEST places to retire by "Wall Street Journal".

Highlights

  • Can be operated by one manager
  • Profitable
  • Future return on investment
  • Location, location, location
  • Well planned layout

Research

3620 Hwy 280, Alexander City, AL 35010 (Tallapoosa County)

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