“Fully Renovated Gas Station on 1AC Lot | Prime Hwy Exit Location!”
Business Description
This brand-name gas station underwent a complete renovation in 2023 and features a convenience store. Customers can use this gas station in a comfortable environment.
Lot 1AC features a 2,000-square-foot convenience store and office/storage space and a 3,400-square-foot canopy with ten gas pumps.There are equipped with four 10,000-gallon gas tanks.
The current owner purchased the business in 2008 and additionally purchased the building from the previous owner in 2018.and has steadily upgraded it. Now, considering retirement, he has decided to sell. The sale of the business portion is the priority and the buyer can include an "option to buy" clause in the contract to prepare for future purchases of the property.
Lot 1AC features a 2,000-square-foot convenience store and office/storage space and a 3,400-square-foot canopy with ten gas pumps.There are equipped with four 10,000-gallon gas tanks.
The current owner purchased the business in 2008 and additionally purchased the building from the previous owner in 2018.and has steadily upgraded it. Now, considering retirement, he has decided to sell. The sale of the business portion is the priority and the buyer can include an "option to buy" clause in the contract to prepare for future purchases of the property.
About the Business
- Years in Operation
- 52
- Facilities & Assets
- The 5,380-square-foot building and canopy are located on Lot 1AC. It features ten gas pumps and four 10,000-gallon tanks. The owner signed a gas supply contract with a new fuel company in 2022. The building was renovated both inside and out in 2023 and 2024.
The space next to the convenience store (800sf) is currently vacant, and if the buyer wants to use this space, the base rent is $9,000 plus NNN per month. If the buyer does not want this space, the base rent is $7,000 plus NNN per month. - Market Outlook / Competition
- Normal competition.
- Opportunities for Growth
- Located at the exit before entering Richmond from I-95, this gas station offers easy access. With a 300-unit apartment complex currently open right in front and a growing number of townhouses and other housing developments underway nearby rapidly, it's expected to attract a diverse customer base.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,380
- Rent
- $9,000.00 per month
About the Sale
- Seller Motivation
- Retire
- Transition Support
- After the settlement, the seller will train tor two weeks.
- Financing Options
- None
Listing Info
- ID
- 2430804
- Listing Views
Listing ID: 2430804 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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