Gas Station business

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Gas Station business

Charlotte, NC 28202
Asking Price
$639K
Asset Type
Retail
Class
Class B

What's Special

Situated in a high-traffic corridor of Charlotte, North Carolina, this retail asset occupies a prominent position within a growing commercial district. The property is surrounded by a mix of established residential neighborhoods and mid-sized shopping centers, ensuring a steady stream of local and commuter visibility. Nearby amenities include national grocery chains, fast-food outlets, and professional service offices. The site offers convenient transportation access, located within close proximity to major interstate junctions and primary arterial roads that connect the suburban outskirts to the city’s central business district. The property is best suited for continued use as a high-volume fuel station and convenience store operation. Its layout and strategic positioning cater to a tenant profile focused on daily-needs retail, automotive services, or quick-service food franchises. Given the consistent vehicular flow, the location supports businesses that rely on high turnaround and impulse purchasing patterns. Ideal occupants include multi-unit fuel operators or regional retail groups seeking to establish a presence in a densely populated urban market with robust infrastructure and a diverse consumer base.

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NOI
$80,000
Cap Rate
12.52%
DSCR
2.11
Strong
Cash-on-Cash
21.94%
Monthly Payment
$3,161.423
Annual Cash Flow
$42,062.92

Location & Travel Times