Memphis, TN, Gas Station with Property For Sale

Memphis, TN, Gas Station with Property For Sale: $1,750,000

This is a must-see location with everything new, including the canopy, store, and 5 pumps. The station is currently up for sale due to the seller moving out of state after setting up this station like a mini truck stop. This location has it all, including a 1,500-square-foot convenience store that has a history of $85,000 a month in sales. There are two cabs here, each with its own separate diesel compartment and three high-speed diesel MPDs with easy access for trucks to pull in and out. The diesel was set up for the trucks with a roundabout behind the building that leads the trucks right out to the main road. There are two MPDs for the other grades that are currently pumping 75,000 gallons a month combined with the diesel. The NOI is $180,000, with the seller looking for $1,750,000, which brings this deal to a 10% cap rate. As an investor or a buyer, this is a no-brainer. With everything new and ready to go, the only thing missing here is you. If you are in Memphis and looking for a good investment, this is the place for you. You are welcome to stop by and visit as a customer, and please do not speak to anyone. Make an offer.