1220 1st Street W
BRADENTON, FL 34208

Description

7-Eleven Mobile Gas Station Newly built in 2014 at Prime Location with Extremely High Traffic. It is 24 Hour operating business with 5 PT, 1 FT and 3 family members. Total current Monthly Rental payment of $16,358.55 includes $12,724 for Base Rent, $2,069 for CAM, $300 for Equipment, $200 for Network, $39.23 for Bathroom Maintenance and Sales Tax. With Gasoline Commission, Monthly Rebate, ATM Credit, Vacuum Income Credit, Monthly payment to Landlord average about $10,000. Commission for Gas Sales are $0.05 per gallon for Cash Transaction and $0.10 per gallon for Credit Transaction. Average monthly gasoline sales are 58K - 60K gallons. The Landlord, APEC, requires New Lease Agreement with new operator, usually 5 Year of Initial Lease with 2 of 5-Year Option to Renew. Both APEC and 7-Eleven require in-state training for new operator. Additional Funds needed: $35,000 for 7-Eleven Franchise Fee, $40,000 Deposit to APEC and $25,000 for Inventory.

Details

MLS#T3116444
StyleIndustrial
Sub-TypeResale
StatusActive
Year2014
Days On Site324

Features

SQ Feet3,200
Story(s)1
ZoningC2

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Area Information

StateFL
CountyManatee
CityBRADENTON
Zip Code34208
Area34208 - Bradenton/Braden River
Listing VS Median (in 34208)
Price:
$99,900
low | high
Med:
$275,000
100% of Average
SqFt:
3,200
low | high
Med:
1,373
100% of Average
$ / SqFt:
$31
low | high
Med:
$201
100% of Average
On Site:
324
low | high
Med:
53
100% of Average
Listing Updated: 05/19/2019
MLS Number: T3116444
Listing Provided By:
Sun Young  of  YOUNG COMMERCIAL INVESTMENT

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