Strip Mall Plaza with Profitable Store, [City, State]
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Asking Price
$1,400,000
Detailed Information
Business Description
This Strip Mall shopping plaza features 7 stores with convenient parking options and is situated on a bustling corner. The plaza is fully occupied, offering a variety of businesses within a 7,500 sq/ft space. A convenience store, operated by the seller, sees steady monthly sales averaging $29,000-$30,000. In addition to retail sales, the convenience store benefits from lottery commissions, skill games, and an ATM, amounting to a profitable investment opportunity. The convenience store is managed by the owner, who recently renovated the premises and upgraded the roof. With a manageable down payment of 20%, this property presents an attractive opportunity for both business and real estate investors. The landlord covers water, sewage, and garbage services for the tenants, streamlining operational costs. Insurance costs for the store and building are affordable at a total of $575 per month, while additional expenses for water, sewage, and garbage are also reasonable, offering a stable financial outlook. By acquiring this business and real