-- Owned Property
-- 1. 565 Acres
-- Convenience Store
-- Gas Station
-- 8% Cap Rate
For Immediate Release
This investment opportunity presents a prime Petro-Canada gas station property located in Wasaga Beach, approximately two hours from Downtown Toronto. Situated on a 1. 565-acre lot along a major thoroughfare, the property boasts significant revenue streams.
Key Highlights:
- Strategic Location: Situated in the popular tourist destination of Wasaga Beach, offering high seasonal traffic.
- Diverse Revenue Streams: Generates consistent revenue through fuel sales, a convenience store, lottery sales, carwash, rentals, ATM fees, and other rebates.
- Strong Financial Performance: Annual gross income is approximately $1. 03 million, with annual expenses estimated at $307, 200.
- Attractive Cap Rate: The asking price for this property is $9, 010, 000, resulting in a desirable capitalization rate of 8%.
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.