Citgo Gas & Convenience Store - 8.25% Cap 19 yr lease - GA

[Stevecsd]

There is a Citgo Gas & convenience store in Richmond Hill GA which is for sale.

Has an 8.25% cap rate with a 19 year lease.

Purchase Price $586,000 with a net annual operating income of $48,340.

Richmond Hill is near Savannah GA, looks like within 20 miles SW of Savannah.

There is also another Citgo in Brunswick GA:

$1,115,000 Price $91,988 NOI 8.25% Cap rate & 19 year lease term


If you are interested let me know.

Best regards,

Steven Currie
931-647-4333
stevencurrie2@bellsouth.net

[PMCS]

Interesting. I live in Richmond Hill. Know the store. RH is 9 miles from the city limits of Savannah, 15 miles from the historic district. This place is located just off I-95 (exit 87). Some of you FL guys may very well have stopped there for gas. I reckon we're too far out in the "country" for Howard.