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1220 1st St W, Bradenton, FL

$99,900 - $99.9k Price - 3,200 Sqft - .97 Acres - 290 DOM

7-Eleven Mobile Gas Station Newly built in 2014 at Prime Location with Extremely High Traffic. It is 24 Hour operating business with 5 PT, 1 FT and 3 family members. Total current Monthly Rental payment of $16,358.55 includes $12,724 for Base Rent, $2,069 for CAM, $300 for Equipment, $200 for Network, $39.23 for Bathroom Maintenance and Sales Tax. With Gasoline Commission, Monthly Rebate, ATM Credit, Vacuum Income Credit, Monthly payment to Landlord average about $10,000. Commission for Gas Sales are $0.05 per gallon for Cash Transaction and $0.10 per gallon for Credit Transaction. Average monthly gasoline sales are 58K - 60K gallons. The Landlord, APEC, requires New Lease Agreement with new operator, usually 5 Year of Initial Lease with 2 of 5-Year Option to Renew. Both APEC and 7-Eleven require in-state training for new operator. Additional Funds needed: $35,000 for 7-Eleven Franchise Fee, $40,000 Deposit to APEC and $25,000 for Inventory.

Essential Information

For 1220 1st St W, Bradenton, FL
  • MLS® # T3116444
  • Price $99,900
  • Bathrooms 0.00
  • Square Footage 3,200
  • Acres 0.97
  • Year Built 2014
  • Type Commercial
  • Sub-Type Retail
  • Status Active

Community Information

For 1220 1st St W, Bradenton, FL
  • Address 1220 1st St W
  • Area Bradenton/Braden River
  • City Bradenton
  • County Manatee County
  • State FL
  • Zip Code 34208

Interior

For 1220 1st St W, Bradenton, FL
  • Cooling Central Air

Exterior

For 1220 1st St W, Bradenton, FL
  • Exterior Block
  • Lot Description 1/2 Acre to 1 Acre

Additional Information

For 1220 1st St W, Bradenton, FL
  • Days on Market 290
  • Zoning C2

Listing Details

For 1220 1st St W, Bradenton, FL
  • Office Young Commercial Investment

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Listing data comes from My Florida Regional MLS.

Listing information last updated on April 18th, 2019 at 8:00am CDT.