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501 CORBIN ST
JACKSONVILLE, NC 28546-7849
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B
What's Special
<ul><li>Current ownership for more than 15 years</li><li>Well established neighborhood store within the city.</li><li>Loyal customer base.</li><li>Gas Contract with Citgo recently expired. Currently operating as independent gas station. </li><li>No gas contracts.</li><li>Enough land for construction and expansion.</li><li>Within the city of Jacksonville, little to no competition nearby.</li><li>High traffic and busy area.</li></ul>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
