8431 E Colonial Drive

Description

Discover an exceptional business and real estate investment with this fully operational gas station and tenanted units, strategically positioned on a high-traffic corner lot at the first exit off Highway 417 onto Colonial Drive heading west with high visibility and a consistent customer flow with an average daily traffic count of over 45,000 vehicles. This property features a grocery store/mini-mart equipped with a full kitchen in one unit and a gas station/convenience store in the other, making it a versatile and lucrative opportunity. The grocery store boasts 2,542 sq ft of net leasable space, while the convenience store covers 1,693 sq ft. Additional revenue streams include an ATM inside the convenience store and lottery sales. It is equipped with updated gas pumps featuring credit card payment systems and energy-efficient LED lighting. The station includes 4 double-sided filling stations, offering a total of 8 gas pumps with 3 fuel grades and 1 diesel pump. Double-walled gas tanks are in place, ensuring compliance with environmental safety regulations. The property is offered with Triple Net Lease (NNN) tenants in place, providing a stable income stream and minimal management responsibilities for future owners. Recent updates include a new roof and a freshly painted exterior in 2024, reducing immediate capital expenditure requirements for the new owner. Whether you're looking to expand your portfolio or enter the value-added gas station and convenience store market, this opportunity promises immediate returns and long-term growth potential. Don't miss out on this high-traffic, high-visibility location with stable income and strong investment fundamentals. Contact us today for more information or to schedule a viewing!