Shell Gas Station
901 E Cook Street
Springfield, IL 62701
| Price: |
$895,000 |
| CAP Rate: |
8.00% |
| Building Size: |
3,600 SF |
| Approx Lot Size: |
78000.00 Acre(s) |
| Year Built: |
1996 |
Net Lease Investment: |
No |
| Existing Debt: |
Yes |
| Property On Ground Lease: |
No |
| 1031 Exchanges Acceptable: |
Yes |
Property Features
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For more information contact:
Dan Sperry
(217) 529-6202
Sperry & Associates
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Property Description
AVERAGE MONTHLY SALES: $55K INSIDE SALES $45K OUTSIDE GALLONS 25K LOTTERY SALES. Great Branded 3900 sq ft convenience store w/ gas at a busy 4 way stop in the downtown Springfield, IL area. No competition nearby. 4 pumps (8 nozzles) under large canopy. Sells all 3 grades plus diesel. (2) 12,000 gallon tanks (1) 6,000 gallon tank. Huge 12 door walk in cooler, new soda fountain area. 1500 sq ft restaurant space inside potential lease income of $1500/mos. Additional auto repair bay rents for $1000/mos. Huge corner lot with room to expand. Large empty lot behind building can be used for car sales, Real estate alone appraises close to asking price. Sells beer and wine. Lots of neighborhood business which is good for inside sales. Nice margins on inside grocery items.
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