Chevron Service Station & Car Wash
Delray Beach, FL
Contact: Dinah Ana Darcy
954-336-0084
SolidInvestments2@gmail.com
 

 
Primary Type:
Service Station
Price:
$4,575,000
NOI:
$560,131
Cap Rate:
12.24%
Occupancy: 100%
Year Built:
1990
Building Size:
1,835 ± SF
Lot Size:
53,143 ± SF
Date Last Verified:
12/17/2008


THIS SALE INCLUDES THE REAL ESTATE AND THE BUSINESS.
Seller will hold up to 70% LTV!
Established house accounts and customer base. This property features a new Chevron Station. Retail includes (1) New Car Wash - $4,552/month (2) Convenience Store - $84,179/month. Excellent location, 1 block from 95! A Real Cash Cow! 12.24% CAP Rate! 7 years remaining on contract with Chevron.

8 double-sided pumps with card reader, 4 which are dedicated diesel pumps. 4 double walled fiberglass tanks (2 regular, 1 premium and 1 diesel tank). Station Pumps 182,439 GLS/month.

Location:
Fantastic Location - 1 block from 95

 
Financial Summary  

Actual
Gross Scheduled Income:   $873,651
   Less Expenses:   $313,520
NOI   $560,131
CAP Rate   12.24%
 
  • Fantastic Location - 1 block from 95
  • Seller Financing Available!
  • Gas Station and Land For Sale
  • Established House Accounts & Customer Base
  • Excellent Demographics
  • Brand New Car Wash
  • Station Pumps 182,439 GLS/month
 
   
Financial Calculator
  
 
Scenario 1 Scenario 2  
 

You can use this calculator to compare two scenarios. Please be aware that there may be certain conditions which may make the calculated figures inaccurate.

Rates are provided purely for informational purposes and do not represent an offer
to enter into a loan agreement with Baron Financial Group, Inc. Rates, Terms and Loan programs are subject market conditions, underwriting and credit reviews and are subject to change without notice. This newsletter is for informational use by real estate professionals only, and not for consumer use or distribution. This is not an offer to the general public to make a loan on any particular terms. All loan applicants must qualify under Baron Financial Group's underwriting requirements. Loan programs are not available in all jurisdictions.

* Scenario information is subject to verification - no liability for errors or omission is assumed.
* Price subject to change and listing withdrawn without notice.
 Property Price ($)
 Cap Rate (%)
 Down Payment ($)
 Loan to Value Ratio (%)
 Mortgage Balance ($)  
 Amortization (years)
 Interest Rate (%)
 Loan Constant (%)  
 Annual P&I ($)  
 Mortgage Fee ($)
 Mortgage Fee (%)
 Lender's Legal ($)
 Appraisal/Environmental ($)
 Total Down Payment ($)  
 Annual Rent ($) $529,030.00
 Debt Coverage Ratio  
 Annual Cash Return ($)
(rent less P&I)		  
 Cash on Cash Return (%)  
 
 
 
 
 
   
 
 
   
   
 
 
 
 
   
  $529,030.00
   
  
 		  
   
  Ask the Expert
Please call:
Bradley D. Zinn:
954-522-0275 
THE FEDERAL EQUAL CREDIT OPPORTUNITY ACT PROHIBITS CREDITORS FROM DISCRIMINATING AGAINST CREDIT APPLICANTS ON THE BASIS OF RACE, COLOR, RELIGION, NATIONAL ORIGIN, SEX, MARITAL STATUS, AGE (PROVIDED THE APPLICANT HAS THE CAPACITY TO ENTER INTO A BINDING CONTRACT); BECAUSE ALL OR PART OF THE APPLICANT’S INCOME DERIVES FROM ANY PUBLIC ASSISTANCE PROGRAM; OR BECAUSE THE APPLICANT HAS IN GOOD FAITH EXERCISED ANY RIGHT UNDER THE CONSUMER CREDIT PROTECTION ACT, THE FEDERAL AGENCY THAT ADMINISTERS COMPLIANCE WITH THIS LAW CONCERNING THIS CREDITOR IS THE FEDERAL TRADE COMMISSION, EQUAL CREDIT OPPORTUNITY, WASHINGTON, D.C. 20580.
 
   
 
   

 
   
 
   
   

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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All information shown on www.solidinvestmentsfl.com is believed to be accurate, but is not warranted.

  
Solid Investments of Realty Associates Florida Properties
3087 E. Commercial Blvd. Ft. Lauderdale, FL 33308