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

1,444 SF Retail Building Lynchburg, SC 29080 $636,673 CAD ($441 CAD/SF) 3.49% Cap Rate

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
Building in Shell Condition
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,444 SF
Building Class
B
Year Built/Renovated
1985/2020
Price
$636,673 CAD
Price Per SF
$441 CAD
Cap Rate
3.49%
NOI
$22,213 CAD
Tenancy
Single
Building Height
1 Story
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
365-00-03-005
Land Assessment
$1,213 CAD
Improvements Assessment
$3,285 CAD
Total Assessment
$4,498 CAD
  • Listing ID: 28970420

  • Date on Market: 2023-07-11

  • Last Updated:

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

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