Gas Station with Restaurant For Sale or Lease

Retail-Commercial for Sale
Catylist Listing ID: 30509157
Property Subtypes: Convenience Store, Restaurant, Service Station/Gas Station
Building Size (RSF): 3,400 SF
Gross Land Area: 2.85 Acres
Sale Price: $1,150,000
Unit Price: $338.24 PSF
Property Use Type: Vacant/Owner-User
Building Name: Johnson's Corner Grocery & Grill
Usable Size (USF): 3,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/2/2021

Overview / Comments

Please do not disturb the business or its employees. Contact the Listing Agent for further details.

(5) above-ground steel fuel tank descriptions:
12,000 gallon - Regular
12,000 gallon - Premium
12,000 gallon - Highway diesel
6,000 gallon - Offroad Diesel
6,000 gallon - Non-Ethanol Premium

The tanks were put in place in '98, and the (5) gas pumps are new as of about 4 years ago, with a Ruby POS system.

Additional Details

Nearest MSA: Wilmington
County: Pender
Taxing Authority: Pender County
Tax ID/APN: 2285-68-0836-0000
Retail Clientele: General, Business, Traveler, Tourist
Property Located Between: NC HWY 210 and Montague Road
Property Visibility: Excellent
Largest Nearby Street: US HWY 421
Traffic/Vehicle Count: 6,400
Highway Access: Direct access to US HWY 421 and HWY 210
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Roof Type: Gable
Parking Type: Surface
Sprinklers: Dry
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Zoning Description: General Business
Lot Frontage: 260+
Lot Depth: 390+

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Demographic Statistics

Proximity: 5 miles
Total Population: 7,873
Median Age: 38.97
Households: 2,951


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