790 E New Circle Rd, Lexington

$635,500

0 Beds
0 Baths
0 Sqft
.21 Acres
0 Garages

BP Gas Station Property for Sale with a Triple Net Lease! Are you looking to expand your gas station portfolio or geographic region? Do you excel at developing Operators and turning around low performing businesses? The value of convenience is extremely high with consumers in today's market. This BP location could be the local's favorite Go To'' where repeat business and loyalty will build your wealth for generations to come. Asking Price $635,500 Monthly Rent $2500 with rent bump in 2nd Term Possible upside from fuel contract $250/Month $0.00 Insurance Cost $0.00 Property Taxes $0.00 Interior/Exterior Maintenance $0.00 Operating Expenses Cap Rate 5.19% Upgraded 2020 Compliant Chip Readers Four fiberglass underground tanks Corner Lot 9,000 square feet ($70.61 PSF) This is a strategic long term investment. You will need 25% to 30% down, if doing a bank loan, to make the numbers work.

Essential Information
MLS® #1922140
Price$635,500
Bathrooms0.00
Acres0.21
Year Built1958
TypeCommercial
Sub-TypeRetail, Business/Flex
StatusActive
Community Information
Address790 E New Circle Rd
AreaFayette County NE 2
SubdivisionCommercial
CityLexington
CountyFayette
StateKY
Zip Code40505
Amenities
Parking11 - 20 Spaces, Paved
Utilities

Electricity, Water, Telephone, Gas

Interior
# of Stories1
StoriesOne
Exterior
RoofFlat Roof
ConstructionWood, Glass, Aluminum
Additional Information
Date ListedSeptember 18th, 2019
Zoningcommercial
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Listing Provided Courtesy of: Keller Williams Greater Lexington

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