CITGO GAS STATION PROPERTY

Investment Overview

Immaculate gas station property offering at 535 Vanderbilt Avenue features a fully operational gas station and convenience store on an irregular 0.17-acre G3-zoned corner lot. The income-producing asset includes double-walled fiberglass underground tanks and is free of violations, ensuring compliance and reliability. Positioned with six years remaining on the current lease plus a five-year renewal option, the strong, established operator delivers dependable cash flow of $89,112 in annual rent and $66,932 in Net Operating Income. Ownership maintains property taxes of $18,179.08 and insurance of $4,000 annually while the tenant covers all utilities, resulting in a streamlined, hands-off ownership experience.