Marathon Gas Station - McDowell Rd | 400 E McDowell Rd
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Marathon Gas Station - McDowell Rd 400 E McDowell Rd
2,595 SF 100% Leased Retail Building Jackson, MS 39204 $875,000 ($337/SF)
Investment Highlights
- Offered Price: ?$1,200,000 including Real Estate
- Average 70K Inside Sales per month. Lottery Sales Revenue . One of the Top Lottery Sales Store in the State of Mississippi.
- Store Hours - 8 am - 11pm . Potential to increase by Extended Hours
- 3 Pumps -6 Dispensers. 35-40K gallons of gas per month.
- Contract with Marathon will expire 2025. Located Right of the Exit on Interstate I-55 with Prime Visibility.
- Upside Potential with Improved Management
Executive Summary
Location and Property Description: Located Right of the Exit on Interstate I-55 with Prime Visibility. Situated at a crucial intersection, Marathon Gas Station benefits from remarkable visibility and convenient accessibility. Located just off the main highway, it serves as a convenient stop for both local residents and travelers passing through the area. Beyond its commercial success, the station plays an integral role in the local community. By providing essential services, it has become a neighborhood hub and a meeting point for residents. Whether you're an experienced investor seeking to expand your portfolio or an entrepreneur eager to enter the fuel and convenience market, this Marathon Gas Station presents an appealing investment opportunity. The station's track record of profitability and its strategic location make it a promising venture. McDowell is a well-traveled area, a gas station can tap into the consistent flow of customers, including both local residents and passing travelers.Growth Prospects: With its strong foundation, the gas station has potential for growth through marketing initiatives, expanding product offerings, and enhancing customer engagement.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
2,595 SF
Building Class
B
Year Built
2004
Price
$875,000
Price Per SF
$337
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
1.75 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Frontage
149 FT on East McDowell Road
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $194,556 | |
Land Assessment | $316,870 | Total Assessment | $511,426 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$316,870
Improvements Assessment
$194,556
Total Assessment
$511,426
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Marathon Gas Station - McDowell Rd | 400 E McDowell Rd
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