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Money Saver Express/ Convenience Store & Gas 10295 Lynches River Rd

1,444 SF Retail Building Lynchburg, SC 29080 £352,485 (£244/SF) 3.49% Net Initial Yield

Investment Highlights

  • Location/I-95 Exit-Motivated Senior Owner Operator-For Sale Inventory-Newer Gas Tanks-Price Negotiable

Executive Summary

Owner-User/Value-Add Convenience Store with gas. Very active local neighborhood clientele, within 1/4 mile of I-95 exit. Property strategically sits on .78 acre parcel with little/no competition, offering convenience store items and new gas pumps and tanks installed in 2021. There are large unused coolers and separate unused deli setup, to include private office space within the store to enhance income. PLEASE NOTE- Motivated Seller has reduced asking price to $450,000

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Shell & Core
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,444 SF
Building Class
B
Year Built/Renovated
1985/2020
Price
£352,485
Price Per SF
£244
Net Initial Yield
3.49%
NOI
£12,298
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Lot Size
0.78 AC
Zoning
Commercial - Commercial
Parking
5 Spaces (3.46 Spaces per 1,000 SF Leased)

Amenities

  • Food Court
  • Freeway Visibility
  • Security System
  • Wheelchair Accessible
  • Accent Lighting
  • Storage Space
  • Air Conditioning
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PROPERTY TAXES

Parcel Number 365-00-03-005 Improvements Assessment £1,825
Land Assessment £674 Total Assessment £2,499

PROPERTY TAXES

Parcel Number
365-00-03-005
Land Assessment
£674
Improvements Assessment
£1,825
Total Assessment
£2,499
(510) 851-0902

Contact

  • Listing ID: 28970420

  • Date on Market: 11/07/2023

  • Last Updated:

  • Address: 10295 Lynches River Rd, Lynchburg, SC 29080

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© 2024 CoStar Group

Money Saver Express/ Convenience Store & Gas | 10295 Lynches River Rd
(510) 851-0902 x

Money Saver Express/ Convenience Store & Gas | 10295 Lynches River Rd

Sylvester Bill Johnson

(510) 851-0902

(510) 851-0902

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