Circle K Gas Station: inside $1.2M outside $1M

Baton Rouge LA Circle K Gas Station: inside $1.2M, outside $1M, long lease



New to the market in Baton Rouge is this Circle K that is the only one in this area with plenty of local traffic. This store is not a 24-hour location and does extremely well in sales, over $1.2 million in yearly sales. The monthly sales for this 2,000 sf store are an average of $107,000, with lottery sales of over $288,000 a year; the monthly average is $24,000. The seller is offering a commission agent station with a .10 cent margin for pumping the fuel. This station has 2 canopies with 4 MPDs on two separate islands that together are pumping over 1,000,000 gallons a year; that's a monthly average of 84,000 gallons. There is nothing to do here but to start making money from day one. This location has brand-new pumps with a new branding of fuel, SHELL, that has increased volume by 15%. The seller is offering a long-term lease of 10+5 (15 years) triple net lease; the only thing you are not responsible for is the tank insurance. The station will be delivered with a 10 + 5 triple net lease (NNN), and the rent is $18,000 with the asking price being $330,000. The seller is motivated and is looking for offers; no reasonable offers are refused, so make an offer.