For Sale
$1,400,000

698 Ferdon BlvdCrestview, FL 32536

Profitable Florida Gas Station, $1.4M

Overview

Added:
Dec 11, 2024
Days on market:
114
This thriving Exxon Mobile gas station in Crestview, Florida, presents a unique investment opportunity. Priced at $1,400,000, this Class B, single-tenant property boasts 2,342 square feet on a 0.61-acre lot. Built in 1998 and renovated in 2008, the property features a 100% occupancy rate with a 4.00% cap rate. The NNN lease structure ensures a low-maintenance investment. Key features include two gas pumps, a beer cave, two walk-in coolers, and a full-service commercial kitchen operating a Krispy Krunchy Chicken franchise. The property also benefits from a large front and rear parking lot, a recently replaced roof, and tile restrooms. Its prime location near I-10, major restaurants, Eglin Air Force Base, and the popular tourist destinations of Pensacola and Destin, Florida, ensures high traffic volume. A new Exxon sign is expected in October 2024. The property is zoned COM and is being sold as an owner-user sale. A non-disclosure agreement and proof of funds will be required. Serious inquiries only.

Highlights

  • High-traffic Crestview, FL gas station for sale, including business and real property.
  • New Exxon sign installation scheduled for October 2024.
  • Features ample front and rear parking, excellent roof condition, and tile restrooms.
  • Includes two gas pumps, beer cave, two walk-in coolers, and a commercial kitchen with Krispy Krunchy Chicken.
  • 0.61-acre lot ideally situated near I-10, major restaurants, and Eglin AFB.

Property Details for 698 Ferdon Blvd

Property type
Retail properties, Gas stations
Square Feet
2,342 SF
Class
B
Year Built/Renovated
1998/2008
Buildings
1
Stories
1
Lot Size (sq. ft)
26,572 SF

Location Insight

City
Crestview
County
Okaloosa
State
Florida
Latitude
30.7692344
Longitude
-86.5671139
698 Ferdon Blvd, Crestview, Florida

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698 Ferdon Blvd
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