Tampa C-Store/Cafe/Truck Stop - Business & Real Est.

Retail-Commercial for Sale
Catylist Listing ID: 30229890
Property Subtypes: Convenience Store, Service Station/Gas Station
Building Size (RSF): 2,000 SF
Gross Building Area: See Agent
Gross Land Area: 41,440 SF
Sale Price: $1,650,000
Unit Price: $825 PSF
Property Use Type: Business
Building Name: East Tampa Truck Stop
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/31/2018

Overview / Comments

This offering includes the business operations and real estate of a thriving convenience store, cafe, truck-stop at a corner location in the east Tampa sub-market.
This is a modern facility with all FF & E in excellent condition and included in the sale. 2017 sales were just under $2.7 million, with 8% annual growth in sales volume. The POS and accounting systems are all state-of-the-art and included.
The opportunity exists to easily boost revenue by expanding the hours, food service opportunities and ancillary services.
The configuration of the improvements is ideal for this location - up front there are 8 under-canopy fueling stations adjacent to the store/cafe; then on the back part of the site there are another 8 under-canopy diesel truck fueling stations with the high canopy and easy turning radius needed for easy truck fueling.

Financials

Finance Data Year 2017
Gross Operating Income $2,697,999 (Annual)
Actual or Proforma Year Actual
Finance Data Year 2016
Gross Operating Income $2,502,787 (Annual)

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough County
Tax ID/APN: Withheld pending NDA
Zoning: C-I COMMERCIAL INTENSIVE
Retail Clientele: General, Business
Property Located Between: I-4 and Broadway
Largest Nearby Street: Hwy 301
Feet of Frontage: 224
Traffic/Vehicle Count: 38,000
Highway Access: Located 1.5 miles from I-4
Site Description: Fully improved and modern gas station, with convenience store, cafe, separate truck-stop type fueling and U-Haul rentals.
Area Description: Busy east Tampa industrial sub-market, and 1.5 miles away from the State Fairgrounds and amphitheater.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,000 SF
Property Condition: Excellent
Year Built: 1984
Year Renovated: 2015
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Modern gas station, with truck fueling, convenience store and cafe. Curb cuts on both streets, with easy access for vehicles of all sizes.
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Entire site is paved.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Well run operation with fresh inventory and every aspect in good repair and up to code.
Zoning Description: C-I Commercial Intensive
Lot Frontage: 224
Lot Depth: 203
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned.
Legal Description: LOT BEG ON W LINE OF STATE RD 5 1056 FT S OF N LINE OF SE 1/4 & RUN W 203 FT S 224 FT E 203 FT AND N 224 FT TO BEG LESS ADD'N'L R/W FOR S R 43

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,645 55,498 214,186
Median Age: 30.95 32.15 34.02
Households: 1,220 19,640 80,653

Contact

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