For Sale
$1,150,000

1481 26Th AvePompano Beach, FL 33069

High-net gas station & convenience store in Pompano Beach.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a thriving, multi-tenant retail property located at 1481 SW 26th Ave, Pompano Beach, Florida, 33069. The property, built in 1973, encompasses a 2,481 square foot building situated on a substantial 38,370 square foot lot, zoned CG. Currently operating as a Mobil Gas Station with a convenience store and QSR/fast food component, this property boasts 100% occupancy with two tenants. The property features six gas pumps, recently upgraded in late 2023, and a hand car wash. The current business hours are 6 AM to 8 PM, presenting significant potential for increased revenue with extended operating hours. The asking price is $1,150,000, translating to $463.52 per square foot. Rent bumps are included in the lease agreements. This fee-simple ownership opportunity includes the added benefit of a potential property purchase option with a prorated credit available. This high-net business, located on a major thoroughfare, offers a strong return on investment and significant upside potential for a new owner. The property's current success, coupled with the potential for expansion, makes this a truly compelling investment.

Highlights

  • High potential for new operator.
  • Currently operates 14 hours daily, offering expansion opportunities.
  • New fuel dispensers installed late 2023.
  • Property purchase option with prorated credit available.
  • Prorated credit towards property purchase.

Property Details for 1481 26Th Ave

Property type
Retail properties, Grocery and convenience stores
Square Feet
2,481 SF
Year Built
1973
Buildings
1
Stories
1
Units
1

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.2111123
Longitude
-80.1562901
1481 26Th Ave, Pompano Beach, Florida

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1481 26Th Ave
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