Strip center located on a busy highway has 5 rentable spaces. Four have leases in place and the convenience store/ tobacco outlet with lottery is run by the owner. It is doing over $800K in sales and showing a $125,000 cash flow. Adding the rent less expenses for the center, it shows a good $150K cash flow for an owner/ operator. Seller will be willing to finance around $200,000. Currently open limited hours. When construction on Hwy 707 is completed this will be the first retail center you come to so sales will zoom. Great opportunity to purchase a high cash flow business with income producing property. Why pay rent when your payments can go toward building equity? Small strip center on main road with lots of housing and development in the surrounding area. Over 18,000 residents within a 3 mile radius. Tobacco outlet keeps the center busy.
Small strip center on main hwy.
Great cash flow for an owner/ operator
C – store/ tobacco outlet doing $800K in sales with limited hours
Seller financing available
Road being expanded and widened into major thoroughfare