2196 S Third St

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2196 S Third St

Memphis, TN 38109
Business Price
Contact for price
Asset Type
Business and Building Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

What's Special

10.00% CAP <ul><li>​<strong>High-Volume Gas Station & C-Store | 10% Cap | $300K+ NOI | Major Upside</strong></li></ul><p>Prime opportunity to acquire a high-performing convenience store and gas station with strong in-place income and additional upside. The property is producing <strong>over $300,000 in annual NOI</strong>, offering a <strong>10% cap rate</strong>.</p><p>The business generates approximately <strong>$150,000/month in inside sales</strong> and <strong>60,000 gallons per month</strong>, provid

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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

Location & Travel Times