Citgo Express Mart | 6324 W Market St
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Citgo Express Mart 6324 W Market St
3,078 SF Retail Building Greensboro, NC 27409 $1,700,000 ($552/SF)
Investment Highlights
- Inside Sales: $71,000 per month
- Lottery Sales: $68,000 per month (historical sales up to $80,000)
- Gas Volume: 25,000-35,000 gallons per month
- Newly Renovated: $150,000 in renovations
Executive Summary
Citgo Gas Station for Sale in Prime Location
Address: 6324 W Market St, Greensboro, NC 27409
Asking Price: $1,700,000 (plus inventory estimated at $125,000)
This Citgo Gas Station is strategically located in a high-traffic area near the airport, making it a prime investment opportunity. With strong inside sales, a high-margin deli, and a consistent gas volume, this station is well-positioned for continued success. The recent renovations and new equipment ensure a modern and efficient operation, while the option to expand services offers potential for further revenue growth.
Key Financials:
Inside Sales: $71,000 per month
Gas Volume: 25,000-35,000 gallons per month
Gas Contract: Rack plus 2 cents
Gas Margins: 35-40 cents per gallon
Lottery Sales: $68,000 per month (historical sales up to $80,000)
Non-Ethanol Sales: 500 gallons per month
Diesel Sales: 1,000 gallons per month with a 70-cent margin
Bitcoin ATM Revenue: $300 per month
ATM Revenue: $800 per month
Property Features:
Environmental Status: Clear
Newly Renovated: $150,000 in renovations
New Equipment:
New Coolers
8 New Pumps and Canopy
Beer Cave
2 c1800 Point of Sale Systems
Additional Opportunities:
Option to expand check-cashing services
Address: 6324 W Market St, Greensboro, NC 27409
Asking Price: $1,700,000 (plus inventory estimated at $125,000)
This Citgo Gas Station is strategically located in a high-traffic area near the airport, making it a prime investment opportunity. With strong inside sales, a high-margin deli, and a consistent gas volume, this station is well-positioned for continued success. The recent renovations and new equipment ensure a modern and efficient operation, while the option to expand services offers potential for further revenue growth.
Key Financials:
Inside Sales: $71,000 per month
Gas Volume: 25,000-35,000 gallons per month
Gas Contract: Rack plus 2 cents
Gas Margins: 35-40 cents per gallon
Lottery Sales: $68,000 per month (historical sales up to $80,000)
Non-Ethanol Sales: 500 gallons per month
Diesel Sales: 1,000 gallons per month with a 70-cent margin
Bitcoin ATM Revenue: $300 per month
ATM Revenue: $800 per month
Property Features:
Environmental Status: Clear
Newly Renovated: $150,000 in renovations
New Equipment:
New Coolers
8 New Pumps and Canopy
Beer Cave
2 c1800 Point of Sale Systems
Additional Opportunities:
Option to expand check-cashing services
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,078 SF
Building Class
B
Year Built
1986
Price
$1,700,000
Price Per SF
$552
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Land Acres
0.54 AC
Zoning
CM
Parking
12 Spaces (3.9 Spaces per 1,000 SF Leased)
Frontage
145 FT on W Market St
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0074712 | Improvements Assessment | $249,000 |
| Land Assessment | $180,800 | Total Assessment | $429,800 |
PROPERTY TAXES
Parcel Number
0074712
Land Assessment
$180,800
Improvements Assessment
$249,000
Total Assessment
$429,800
-
Gurvinder Singh -
Kirtan Patel
- Iron Hand Realty
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Citgo Express Mart | 6324 W Market St
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