Historical Retail Sale Listing - Amerimart convenience store/Gas station

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Amerimart convenience store/Gas station

3620 Hwy 280, Alexander City, AL 35010

N/A

87,000 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
87,000 SF
Property Type:
Retail
Property Sub-type:
Service/Gas Station
Property Use Type:
Investment
Commission Split:
1%
Cap Rate:
11%
Occupancy:
100%
Tenancy:
Multiple
Listing ID
15380073
Last Updated
over 1 year ago

Highlights

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

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".

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

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