For Sale
$435,000

737 Ar-463Trumann, AR 72472

Profitable Gas Station & Land - Arkansas

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a thriving gas station and accompanying land in Trumann, Arkansas, listed at $435,000. The property encompasses a 44,907 square foot lot, featuring a 1,700 square foot, single-story building constructed in 1985 and renovated in 2012. The building houses a well-established gas station with two double-sided pumps and fiberglass tanks replaced during the 2012 renovation. Currently operating at 100% occupancy, the business boasts a strong financial performance, generating a net operating income (NOI) of $32,400 annually. The current lease is a triple net (NNN) lease with a remaining term of approximately 0.4 years, expiring April 3rd, 2025, and includes a 5-year lease option. The business itself averages 4,000 gallons pumped monthly and achieves impressive inside sales of $45,000, contributing to a business NOI of $35,000. The sale includes both the property and the business, offering a compelling owner-user investment opportunity with a 7.45% cap rate and a price per square foot of $255.88. The property's strategic location on Highway 463 South in Trumann, Arkansas (zip code 72472) ensures high visibility and accessibility. Inventory is negotiable. This is a turnkey operation ideal for an owner-operator seeking a profitable venture with significant upside potential.

Highlights

  • $435,000 asking price for a gas station business and property in Trumann, AR.
  • 1,700 SF building on a 44,907 SF lot, built in 1985, renovated in 2012.
  • Triple Net (NNN) lease with 0.4 years remaining until expiration (April 3, 2025), with a 5-year lease option.
  • 7.45% cap rate, $32,400 annual NOI.
  • Features two double-sided gas pumps and fiberglass tanks replaced in 2012.

Property Details for 737 Ar-463

Property type
Retail properties, Gas stations
Square Feet
1,700 SF
Class
C
Year Built/Renovated
1985/2012
Buildings
1
Stories
1
Units
1

Location Insight

City
Trumann
County
Poinsett
State
Arkansas
Latitude
35.6826392
Longitude
-90.5272777
737 Ar-463, Trumann, Arkansas

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737 Ar-463
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