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High Volume Grocery Store & Gas Station 1 hr from Newnan, GA

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Property Overview

Price/Rent PSF $ 2,299,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 1
Date Available 03/22/2020
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Description

Grocery Store Business and Gas Station Business All Included with Property. Property is collecting rent at $2,650 per month from a car wash and a hardware store onsite. Grocery Store Sales are $200,000 per month! Gas Station Inside Sales is $14,000 per month. Lottery Commission is $1,320. Gas sales are 18,000 gallons at 10 cents per gallon. Gas Station has been opened for only 3 months. No COAM in the Grocery Store. Net Profit is nearly $450,000 yearly! Hardware Store Rental is $2,500 per month. 10 years remaining on the lease. Rent increases by 10% every 5-year renewal. Car Wash Rental is $150/month. Limited Competition! There are only 3 Grocery Stores in the entire County! The County will not allow any major grocery chains in the area! 1 hr from Newnan, GA. Asking Price for Businesses and Property: $2,299,000 + inventory. Total inventory is $300,000.

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