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

This retail asset is situated in a high-traffic corridor of Charlotte, North Carolina. The surrounding neighborhood is characterized by a mix of established residential communities and expanding commercial developments. The site offers proximity to major regional employers, hospitality hubs, and local shopping centers, ensuring a steady flow of daily commuters and local residents. It is strategically positioned near primary arterial roads and interstate junctions, providing efficient transportation access to the greater Charlotte metropolitan area and Douglas International Airport. The property is currently configured for fuel sales and convenience retail, making it suitable for an owner-operator or a corporate retail tenant seeking a high-visibility footprint. Ideal use cases include continued service station operations, a specialized food and beverage outlet, or a high-turnover automotive services center. The typical tenant profile includes established regional franchisees or national retail brands specializing in convenience goods and essential services that benefit from consistent vehicle counts and ease of ingress.

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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