For Sale
$75,000

2702 Mountain Pine RdHot Springs, AR 71913

Established Convenience Store & Gas Station

Overview

Added:
Dec 11, 2024
Days on market:
116
This thriving convenience store and gas station in Hot Springs, Arkansas, presents a compelling investment opportunity. Located at 2702 Mountain Pine Rd, this 2,484 square foot, single-story building sits on a 1.47-acre lot with ample parking (50 spaces) and excellent ingress/egress. The property benefits from a high-traffic location near schools and lakes, serving a large community including residents and lake-goers. Currently operating under a triple-net lease (NNN) with a 10-year term commencing April 29, 2024, the lease includes a built-in escalation clause with a $500 monthly rent increase starting in the sixth year. The asking price is $75,000 ($30.19/sq ft). The business boasts a large kitchen, currently offering subs, cakes, and sack lunches, with significant potential for expansion. Adding services like check cashing or expanding the food menu could significantly increase revenue. The three gas pumps offer further income potential, especially with branding opportunities. The property's zoning is commercial, and it was renovated 15 years ago. This established business offers a strong foundation for continued growth and profitability in a desirable location. The business only is for sale

Highlights

  • 2,484 SF single-story building on a 1.47-acre lot in Hot Springs, AR.
  • 50 parking spaces with excellent ingress/egress.
  • High-traffic location near schools and lakes.
  • Triple-net (NNN) lease with 10-year term starting April 29, 2024, including a $500 monthly rent increase in year six.
  • Asking price: $750,000 ($30.19/SF).
  • Convenience store and gas station with three pumps; existing kitchen offering subs, cakes, and sack lunches.

Property Details for 2702 Mountain Pine Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
2,484 SF
Year Renovated
15
Buildings
1
Stories
1

Location Insight

City
Hot Springs
County
Garland
State
Arkansas
Latitude
34.569529
Longitude
-93.1542217
2702 Mountain Pine Rd, Hot Springs, Arkansas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2702 Mountain Pine Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message