FOR SALE. Sunoco Gas Station Real Estate & Business For Sale. Address: 9090 US Highway 1. County: Brevard

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1 FOR SALE Sunoco Gas Station Real Estate & Business For Sale Address: 9090 US Highway 1 County: Brevard Gas Station: Three (3) Pumps/Six (6) Pump Stations. New Tank, Sunoco Flag without Contractual Agreement. Price: $1,400,000 Cap Rate: 10.5% As the exclusive representative of the seller, IRRE Group has been engaged to market and sell the Sunoco Gas Station on US Highway 1 in Palm Bay/Micco. This C-Store/Gas Station is a true value add investment. The store has achieved $1.4M in sales in 2015, 2016 and This is one of only two gas stations within 10 miles. High traffic counts, direct frontage on US Highway One, large lot for future expansion or additional development and an existing CBS building in good condition are just some of the features of this property. The gas station has a new, double-glass lined fuel tank and three gas pumps with a brand new canopy. This store is currently not offering hot food, and many C-stores are dramatically increasing profits by offering hot food. There is ample capacity to accommodate hot food at this location. Everything is included, coolers, POS system, equipment, fixtures, etc. The reported NOI is $156,000, indicating a capitalization rate of 10.5%. Store is currently owner operated. The owner is negotiable on price and wants it sold, bring offers!! Contact Mark A. Moore for details. Indian River Real Estate Group (IRRE Group) (772) IRREGroup.com Info@IRREGroup.com

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6 Demographic Summary Provided in the following pages is a summary of the demographics in the subject area based on a 5, 10 and 15 minute drive time radius. Indian River Real Estate Group (IRRE Group) (772) IRREGroup.com Info@IRREGroup.com

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9 Sunoco Site and Building Description Site Size (SF)/Acres 33,977/0.78 Front Feet 180 Depth 200 Number of Pumps 3 Number of Pump Stations 6 Number of Tanks 2 Parking Space 6 BUILDING DETAILS Exterior Wall: CBS Frame: CBS Roof: Bu-Tg/Mmbrn Roof Structure: Bar Joist Rigid Building Use: C- Store/Gas Station Year Built: 1978 Story Height: 12 Floors: 1 Base Area 1st 2,142 Canopy 408 Total Base Area 2,142 Total Area 2,550 Subject Property Details Address: 9090 US Highway 1 County: Brevard Year Built: 1978 GBA: 2,142 Square Feet Tanks: Double Glass Lined Tank Current DEP Certificate Currently Selling 30,000 Gallons + per Month Pumps: Three Pumps Six Pump Positions The total site size is 33,977 (+/-) square feet, or 0.78 acres. The site has direct frontage and exposure to US Highway 1. The site also has views of the Indian River Lagoon. The site has 180 front feet of direct US Highway 1 frontage. There are six (6) parking spaces, plus the parking under the 408 square foot canopy. The parking lot is a mixture of asphalt and concrete. There is also a vac/air system and propane tank sales onsite. Indian River Real Estate Group (IRRE Group) (772) IRREGroup.com Info@IRREGroup.com

10 Actual Income and Expense Summary Total Sales $1,400,000 $1,405,000 C-Store $600,000 $600,000 Gas $775,000 $795,900 Lotto $25,000 $9,100 Total Sales $1,400,000 $1,405,000 COGS C-Store $387,088 $402,123 Gas $854,265 $803,278 Misc $5,000 $5,000 Total COGS $1,246,353 $1,210,401 Gross Profit $153,647 $194,599 Bank Charges $2,763 $4,665 Contributions $351 $0 Eq Rental $701 $ Utilities $14,674 $12,599 Insurance $5,347 $8,426 Legal $3,100 $1,200 Repairs $12,028 $8,154 Telephone $921 $555 Licenses $856 $1,365 Total $40,741 $37,607 Summary of Financial Information The gas station is currently operating as a Sunoco, but there are no contractual obligations to stay with Sunoco. The current owner is operating the gas station and does not use a wholesale distributor for C-Store merchandise. Many C-Stores in the area are expanding to include hot food, frozen drinks and other selfserve items. The market trend is towards convenience and many should be expanded at the subject, as the hot food bar is not currently being utilized. The property serves as one of only two gas stations in the area. The subject has achieved $1.4M in sales over the last three years. Based on the income and expense figures provided, the indicated capitalization rate on this investment is 11%% on the asking price of $1,400,000. We note no labor costs included in the provided expenses as the property is owner operated. The owner is open to all offers!! Contact Mark Moore for additional details. Contact information provided on the following page. NOI $112,906 $156,992 Cap Rate 8.1% 11.2% Indian River Real Estate Group (IRRE Group) (772) IRREGroup.com Info@IRREGroup.com

11 Summary of Property Information Price: $1,400,000 NOI $156,992 Cap Rate: 11.2% Large Site to Accommodate Future Expansion Direct Frontage on US Highway 1 Limited Competition Value Add Opportunity o No wholesale distribution purchases existing, no Flag Agreement, Owner Operated Contact Information Indian River Real Estate Group (IRRE Group) Mark A. Moore Licensed Real Estate Broker BK (772) Info@IRREGroup.com Indian River Real Estate Group (IRRE Group) (772) IRREGroup.com Info@IRREGroup.com