659 VOLUNTOWN RD

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659 VOLUNTOWN RD

GRISWOLD, CT 06351-2659
Asking Price
$2.50M
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Expand your gas station with real estate portfolio <p>Listing Price: $2,500,000 </p><p>Number of MPDs: 4 </p><p>Monthly Gas Sales in Gallons: 35,000 </p><p>Fuel Supply Agreement: Approx. 1 year remaining at Rack minus 3 </p><p>C-Store: 2,000 SF, with room for Hot Food (former Dominos) </p><p>C-Store Sales: $45,000 plus $2,500 lottery commission, plus ATM, cigarette sales </p><p>Tanks: New DWF with 30-year warranty</p><p>Tank Capacity: One is 12,000 gallons; Second is 10,000 gallons - Split 6,000 and 4,000</p><p></p><p></p><p></p><p></p>

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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631

Location & Travel Times