4 gas tanks with 8 pumps and 2 P. O. S. systems. Gas stations are a great investment opportunity for those looking for triple net real estate to purchase. If Colorado Springs voters approve an upcoming ballot measure for recreational dispensaries. In the mid-1930s petroleum corporation executives, with their architects and industrial designers, began rethinking the function and organization of the service station. As petroleum companies gradually surrendered automobile service to dealers and specialty service providers, the need for service bays diminished. However, you should not focus on the purchase price alone.
There are a few reasons why gas stations for sale and C-stores that are available to buy, make great NNN investments which include location, type of business, and lease length. Blue pins are NOT shown to the millions of regular LoopNet users. And less than 90% at time of sale Opportunistic: Occupancy is less than 60% at time of sale. Lease Info: Rent: NNN: Land Lord.
Early Art Deco and Moderne styles sometimes included a rooftop pylon, prominently lighted at night, to attract the attention of passing motorists. It is assumed that the Buyer of the equipment, business and goodwill will take assignment of the existing Sublease with G&S Oil. For example, the doors alone were made of great trees almost 4 feet in diameter, with a single piece weighing a whopping 3, 200 pounds! Inspection Fees - It is best to pay for a professional property inspection to identify any potential issues with the gas station before buying it. A central in-floor drain to catch water runoff during car washes characterizes the second bay. Now that you have an idea of what goes into buying gas stations for sale in the US, you can start searching for your ideal property today. Please wait your request is being processed... Other than writing letters to entire neighborhoods, realtors and buyers are finding other creative ways to find more inventory. Cash Flow: $200, 000. Triple net leases are all similar, but there are some differences in each lease. Consider factors, such as its proximity to highways, gas prices in the region, and other gas stations in the area, before making your decision. To discover even more to see and do around the small town of Lamar, you will want to check out The One Small Town In Colorado With Delicious Mexican Food On Every Corner. Loading... Colorado Gas Stations for Sale. Those numbers are from the Denver Metro Association of Realtors, or DMAR, which is the largest local REALTOR® association in Colorado.
5 miles from train station located on busy location on Colfax. Sands Investment Group works as an outsourced real estate firm to help gas station operators with growth and expansion, and with single unit operators on franchising options, site selection and financing. What Makes Gas Stations Highly Lucrative? Last 3 months sales average:Over $160k inside sales (merchandise)Over $240k outside sales (gas)ADDITIONAL INCOME:ATM: $$$$Coin machine: $$$$Vacuum + air machine: over $$$/monthand other extra incomes... Less. For you, it's not enough... 23 acre parcel is for you. Industrial/Warehouse. Oblong Box Stations continued to be built into the early 1970s, and they remain common along streets and highways, though most now serve non-automotive functions. We can help with existing real estate assets, acquiring new operators or businesses, developing new C-stores and working to restructure leases to reduce your costs. Native Roots has been operating Gas & Grass since 2015. The World's Largest Online Commercial Real Estate Auction Platform. They also are offering the Propane refilling to the customers.
Name Accept Maximum. Closing Costs - These include the title search fees and transfer taxes. Paperwork Preparation Charges - This covers the preparation of paperwork, such as contracts and new lease terms and conditions. Okay, so it isn't technically the longest-operating gas station, but it is the oldest due to the materials used to make it.
When picking a gas station, make sure that it has a realistic and fair lease rate.
Draw your search area by dragging a shape on the map. This Information Has Been Obtained From Sources Believed Reliable. Franchises For Sale. Copyright 2022 Grand County Board of REALTORS®.
"Colorado continues to be a popular place for net-leased investments due to the affluent suburbs and population growth, " said Ms. Ley. Whether it's commercial real estate or residential, buyers are trying to find properties before they hit the market or before the owners even know they want to sell. For more tips and information on real estate and business, please check out the other articles on our site. It rent should be based on the market rate for similar properties in the area. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. Franchise Resources. The new owner has to continue for the circle k for the left over term and also has to honor the existing fuel supply contract with conocophillips. Multiple 7-Eleven locations: Dallas, Texas; Sewickley, Pennsylvania; Silverthorne, Colorado; and others. We reserve the right to limit sales, including the right to prohibit sales to re-sellers.