ASA Mart #1
1827 Garner Rd,
Raleigh, NC 27610
 
$1,600,000
Offering Price
$225,232
NOI
14.08%
Cap Rate
$1,069
Price Per SF
1,497
Building SF
Single
Tenancy
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$1,600,000
Offering Price
$225,232
NOI
14.08%
Cap Rate
$1,069
Price Per SF
1,497
Building SF
Single
Tenancy
Established Business
Business has been active since 1996. Business focus is on gas and grocery sales, including beer and tobacco. Business thrives being on a main road, and walkable to hundreds of residential homes.
BUSINESS HIGHLIGHTS Roof is less than 5 years old New gas pumps installed New registers in use $115,000 monthly sales $35,000 annual lottery commission +25,000 gallons/month sold
LOCATION HIGHLIGHTS
Located in the heart of Raleigh, just south of downtown. On a through street to the town of Garner.
Nearby desirable South Park Raleigh neighborhood. And walkable to burgeoning neighborhoods, Rochester Heights and Biltmore Hills.
Less than 2 miles from Raleigh's Downtown South development. And walkable to Hoke St Art District. Last Raleigh gas station location on Garner Rd before city of Garner.
FOR MORE DETAILS CONTACT
Ethan Ocean
(919) 539-3804
ethan@oceangroupnc.com
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