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110 Dungeness Dr
Brunswick, GA 31523
Baskin Robbins · Retail Property For Sale
PROPERTY FACTS
About 110 Dungeness Dr , Brunswick, GA 31523
Exit Location! 30 mins away from GA/FL Stateline! 1 hour from Jacksonville, FL! Off of I-95 and Hwy 17, which is a major highway for commuters and vacationers to St. Simons and Jekyll Island, only 20 mins away. Inside sales are currently $10,000 per month. Gas Sales are currently 30,000 gallons at 15 cents margin per month. The store was one of the busiest truck stops at the exit and generated $75,000 inside sales and 200,000 gallons per month, until the seller leased the store to an incompetent tenant that ran the business down until September 2019. The seller currently has the diesel pumps but is not operating them because of Covid. Huge opportunity for an owner-operator to bring the business back up! Property is currently priced lower than the cost of construction! Rental income from ice cream and coffee franchise generating $3,300 per month! The tenant's franchise agreement has 25 years remaining and rent increases every 5 years. Jobber contract is with Summer Oil with 6 years remaining on the contract. New Buyer can start deli to increase sales! Fully equipped kitchen with hood! includes a 14 door walk-in cooler! Seller does not have lottery either and Buyer can secure the lottery license! Seller can get COAM contract waived for the Buyer! Property is 5 acres total! 10 mins from a Port Terminal which ranks as the second busiest port in the U.S with 900 employees by the GA Port Authority! 5 mins from Top Logistic Company in the County. Multiple auto processing plants employing over 600! RV Resort located behind the gas station with golf course, 69 public and private tennis court, and water sporting activities including boating, sailing, fishing, and parasailing. Average Daily Car Count is about 19,000 at the exit! Asking Price for Business, Property, and Rental Income from Food Franchise: $1.4M + inventory!
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $243,092 |
Land Assessment | $193,560 | Total Assessment | $436,652 |
PROPERTY TAXES
- 03-11648
- 03-12891
Learn More About Investing in Retail Properties
Listing ID: 20657302
Date on Market: 8/17/2020
Last Updated:
Address: 110 Dungeness Dr, Brunswick, GA 31523