9090 us highway i micco, fl 32967€¦ · 9090 us highway i micco, fl 32967 gas station/convenience...
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9090 US HIGHWAY I MICCO, FL 32967
Gas Station/Convenience Store For Sale
Overview • 2142 sf convenience store • 2 mpd’s • No gas contract • .78 acre parcel • 50,000+ Inside sales/month • 33,000+ Gallons/month @13 cents • 45,000+ Lotto sales/month
Contact:
Chris Clark – 772 978 1620 Merchant [email protected]
And
Don Camacho – 772 473 1701 United Realty [email protected]
This exclusively brokered operating gas station and c-store is being offered at a 10.27% cap rate sales price of 1.35 million dollars. All figures can be verified and access to cpa books and records will be made during due diligence period. The OCULUS documentation shows no prior evidence of contamination and the site is currently in good standing with the DEP, financial regulators, and associated vendors. Some of the typical equipment is vendor owned (ex. Pepsi branded soda machines). The owner operates the store himself and is simply ready to retire. Objectively speaking, with no disrespect towards the owner, there is incredible upside potential for an aggressive new marketer to come in and do a light inside renovation and restocking of the store. Customers from the USI traffic and the surrounding neighborhood are constantly coming in and out of the store. With a little effort, the inside and outside numbers could be easily increased. As highlighted earlier, the gas station property has no gas obligation or contract. Please direct all questions towards the below . Thankyou.
Micco Sunoco Financial Breakdown
MONTHLY INCOME MONTHLY EXPENSEStore (income) 50,000.00$ Rent / Mortgage 6,186.00$ Store (mark-up) 28% Property Taxes 500.00$ Store (gross) 14,000.00$ Credit Card 2,000.00$ Gas (gallons) 33,000 EPOS RentGas (mark-up) 0.13$ Employees/Payroll 5,000.00$ Gas (gross) 4,290.00$ Utilities (lights,water,garbage) 1,000.00$ Lottery (income) 45,000.00$ Lottery (mark-up) 0.05$ Insurance 565.00$ Lottery (gross) 2,250.00$ Security 60.00$
AdvertisingAir/Vac 85.00$ License/Permits 70.00$ Rebates-VENDORS 75.00$ Maintenance 100.00$ ATM 100.00$ Phones 150.00$ Rebates-GAS TOTAL EXPENSES 9,445.00$
MONTHLYNET PROFIT/LOSS 11,555.00$
Check cashing 200.00$ TOTAL INCOME 21,000.00$ ANNUAL N O I 138,660.00$
ALL APPROXIMATED FIGURES PROVIDED BY SELLER. ASKING PRICE 1,350,000$
Detailed financials available upon request during due diligence Capitalization Rate 10.27%
9090 Hwy US1 Micco, Fl. 32976
Brevard County Property AppraiserTitusville • Merritt Island • Viera • Melbourne • Palm Bay
PROPERTY DETAILS
Phone: (321) 264-6700https://www.bcpao.us
Account 3008281Owners Aruna IncMailing Address 9090 US Highway 1 Micco FL 32976Site Address 9090 Highway 1 Micco FL 32976Parcel ID 30-38-23-02-*-2Property Use 1130 - Convenience Store With Gas PumpExemptions NoneTaxing District 3400 - Unincorp District 3Total Acres 0.78Subdivision River HavenSite Code 0300 - U S 1Plat Book/Page 0013/0131Land Description River Haven Lot 2
VALUE SUMMARYCategory 2016 2015 2014Total Market Value $365,000 $335,000 $325,000Agricultural Market Value $0 $0 $0Assessed Value Non-School $365,000 $335,000 $325,000Assessed Value School $365,000 $335,000 $325,000Homestead Exemption $0 $0 $0Additional Homestead $0 $0 $0Other Exemptions $0 $0 $0Taxable Value Non-School $365,000 $335,000 $325,000Taxable Value School $365,000 $335,000 $325,000
SALES/TRANSFERSDate Price Type Parcel Deed02/20/2008 $1,200,000 WD Improved 5846/350011/16/2001 $230,000 WD Improved 4466/317308/30/1997 $275,000 WD Improved 3701/137810/01/1977 $37,500 -- -- 1802/0181
BUILDINGS
PROPERTY DATA CARD #1
Building Use Year Built Story Height Floors ResidentialUnits
CommericalUnits
1130 -ConvenienceStore With GasPump
1978 12 1 1 0
MaterialsExterior Wall: Painted Exterior , BrickFrame: MasnryconcRoof: Bu-Tg/MmbrnRoof Structure: Bar Joist Rigid
Sub AreasBase Area (1st) 2142Open Porch 408Total Base Area 2142Total Sub Area 2550
Extra FeaturesCanopy: Average 1440Light Poles: Average 2Paving: Concrete 4849
Additional Extra FeaturesNo Data Found
Page 1 of 2 Generated on 6/4/2017 7:48:44 AM
FDOT 2016 Traffic Count
9090 US1, Micco FL
19,700 per day
Florida Department of Environmental Protection Bureau of Petroleum Storage Systems Storage Tank/Contaminated Facility
Facility I D#: 8501396
Name: ~~~shine Food Mart
9090 Us Hwy l & Baldwin Dr
Sebastian, Fl 32958
Contact: Dinesh Desai
Phone: 722-664-3551
Name & Address Search
District: CD
County: OS - Brevard
Type: A-Retail Station
Status: Open
Latitude: 27:51:42.6530 Longitude: 80:29:33.8857
LL Method· DPHO-Geodetic Quality Global Positioning . System (GPS)
Account Owner: Aruna Inc
Ta;k Size Content Installed Placement Status Construction Piping Monitoring
4 20000 Unleaded Gas 11/ 01/ 2005 UNDER In Service A - Ball Check Valve J - Pressurized Piping System 2 - Visual Inspect Pipe Sumps
1 10000 Unleaded Gas07/01/1978 UNDER Removed from Site 2 10000 Unleaded Gas07/0 l / 1978 UNDER Removed from Site 3 10000 Unleaded Gas07/0l/1978 UNDER Removed from Site
*** Note:
F - Fiberglass Clad Steel K - Dispenser Liners 4 - Visual Inspect Dispenser liners L - Compartmented M - Double Wall - Pipe Jacket F - Monitor Dbl Wall Tank Space M - Spill Containment Bucket N - Approved Synthetic Material H - Mechanical line Leak Detector 0 - Tight Fill l - Automatic Tank Gauging - Usts P - Level Gauges/Alarms R - Double Wall - Tank Jacket
Construction, Piping, and Monitoring Info not shown for CLOSED tanks (Status A: Closed in Place, B: Removed from the site).
Florida Department of Environmental ProtectionTwin Towers Office Bldg. 2600 Blair Stone Road, Tallahassee, Florida, 32399-2400
Division of Waste ManagementPetroleum Storage Systems
Storage Tank Facility Re-Inspection Site Inspection Report
Facility Information:8501396A - Retail StationSUNSHINE FOOD MART #819090 US HWY 1 & BALDWIN DRSEBASTIAN, FL 3295827° 51' 42.653''80° 29' 33.8857''DPHO
County: BREVARD Inspection Date: 05/26/2017
# of Inspected ASTs: 0USTs: 1
Mineral Acid Tanks: 0
Facility ID:Facility Type:Facility Name:
Latitude:Longitude:LL Method:
Inspection Result:Result: In Compliance
Also Performed:
INSURANCE
ACE AMERICAN INSURANCE COMPANY
Financial Responsibility:
Financial Responsibility:
Insurance Carrier:
Effective Date: Expiration Date:05/09/2017 05/09/2018
Findings:
Signatures:
TKBVNR - BREVARD COUNTY NATURAL RESOURCES MGMT OFFICE
Storage Tank Program Office
(321) 633-2017
Storage Tank Program Office Phone Number
Activity Opened 05/26/2017 Chris A. UlrichPage 1 of 3
Facility ID: 8501396
Chris A. Ulrich
Inspector NAME
Inspector Signature
Dinesh Desai
Representative NAME
Representative Signature
Completed System Tests
DateCompleted
Results Reviewed Next Due CommentDate
Type
Annual OperabilityTest
04/28/2016 Passed 05/09/2016 04/28/2017 Southern Crosstested VeederRootmonitoring system
Annual Inline LeakDetector Test
04/28/2016 Passed 05/09/2016 04/28/2017 Southern Crosstested 4 MLLDs
Reviewed Records
Record Category Record Type From Date To Date Reviewed RecordComment
Two Years Monthly Maint.Visual Examinationsand Results
01/11/2016 05/20/2017
05/26/2017
on site at about 1:00 PM.
Site Visit Comments
Activity Opened 05/26/2017 Chris A. UlrichPage 2 of 3
Facility ID: 8501396
Inspection Comments
05/31/2017
Resolved out-standing non compliance item regarding breach of integrity testing.
Inspection Photos
05/31/2017
Rusty STP
Added Date
Activity Opened 05/26/2017 Chris A. UlrichPage 3 of 3
Contact:
Chris Clark – 772 978 1620 Merchant Realty
And
Don Camacho – 772 473 1701 United Realty Group