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ESSO 445 Murray St 14,108 SF Retail Building Chatham-Kent, ON N8A 1V7 $1,877,934 USD ($133.11 USD/SF) 11.03% Cap Rate

INVESTMENT HIGHLIGHTS
- Heavy vehicular traffic
- Recently reconstructed gas station
- Popular convenience store with strong lottery sales and competitive gas prices
- Excess land with future development potential
- Key highway intersection
EXECUTIVE SUMMARY
Business and asset sale. Esso gas station at prime location of Highway 40 (towards Chatham) and Highway 78 (towards Sarnia) in Wallaceburg, Ontario with excess land for future residential development. Well established vendor networks and customer base. Convenience store is popular for lottery & competitive gas prices in town.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
14,108 SF
Building Class
C
Year Built
2022
Price
$1,877,934 USD
Price Per SF
$133.11 USD
Cap Rate
11.03%
NOI
$207,166 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.80 AC
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
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ESSO | 445 Murray St
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