$1,200,000
- SOLD! -
$1,700,000 including full liquor license
3,200 SqFt on 6 deeded lots
Quemado, New Mexico
This is a very well managed gas station and convenience store with a tremendous upside. Property sits on 6 lots in Quemado, the fuel tanks are above-ground. On average there are 300 customers visiting this station per day. Seller also owns and operates a full liquor license and will sell including the liquor license for $1.7M. Liquor license may be leased for $4,000 per month or sold for $500,000. Gasoline in the above-ground tanks sells by separate Bill of Sale.
9.5% CAP based on the 2018 Operating Income for the business without liquor, CAP rate including liquor business is 11.6%.
9.5% CAP based on the 2018 Operating Income for the business without liquor, CAP rate including liquor business is 11.6%.
This property is offered by New Mexico Ranch Pros Real Estate, a division of Rempen Enterprises, Inc., and shown to qualified purchasers by appointment only. The information provided on this property is from sources deemed to be reliable. No warranties, either expressed or implied, are made. All properties are subject to errors, omissions, price change, prior sale, or withdrawal from the market without notice. Purchasers should verify all facts. New Mexico Ranch Pros Real Estate work for, and on behalf of, the Seller.