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For sale

Retail

TN

Memphis
Gas station, C store
NBG 1707 TN
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Stip Mall With Gas Station C Store With 5 Rented Store Fronts For Sale

Recently branded gas station located in a very busy strip mall with plenty of local traffic. This station is up for sale with property and tenants in place, with the new landlord having the option to run the gas station and the convenience store. The other tenants have long-term triple net leases in place, and all combined, they pay a rent of $20,000 a month. The environmental conditions are good here, with no history of any kind of issues on this property. The property will be delivered to the new landlord with the option to run the gas and c-store, with a fuel contract in place, and with four tenants. Asking $3,500,000 Everything Included Make an offer.

Address 
Status
Active
City
Memphis
County 
Shelby
State 
Tennessee
Zip code 
38116
Details 
Property Type
Retail
Subtype
Gas station, C store
Brand 
Branded
Tanks Type 
DWF
Fuel Contract 
No
MPD
6
Financial
Monthly Store sales
Lease Type 
Triple Net (NNN)
Leased
Lottery
Leased
Lease Term 
15
Monthly Gallons 
Pool Margin
Leased
Leased
Rent   
Asking Price  
$3,500,000
$20,000
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