Convenience Store and Gas
10490 Beals Chapel Rd Lenoir City, TN 37772
10490 Beals Chapel Rd, Lenoir City, TN, 37772
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For Sale
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Convenience store and gas station on one acre with indoor and outdoor seating and room to improve the deli/restaurant area.
Property Size3,200 SF
Lot Size1.00 Acre
Price / SF$237.50
Days on Market22
Property Features for 10490 Beals Chapel Rd
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Listing agency
Wallace Commercial
Listed by
JW Deaver · License #TN 340299
Source
Crexi
Added: Jul 1 Updated: Jul 22 at 7:47AM Checked: Jul 22 at 7:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wallace Commercial
Investment Insights
Based on property information with market context.
This convenience store and gas station property is located on approximately one acre and includes a building with both indoor and outdoor seating areas. The deli/restaurant portion of the building offers room for improvement, and the property currently supports an operating setup that includes a U-Haul business run by the owner, providing additional on-site income.
The site is on Beals Chapel Rd and is described as being convenient to Lenoir City and Farragut. The area is noted as having active development, and the property’s proximity to the water is described as driving boating and fishing traffic.
For prospective buyers, the mix of convenience retail, gas station operations, and an existing deli/restaurant seating component creates a practical, multi-use commercial footprint on a single site.
The site is on Beals Chapel Rd and is described as being convenient to Lenoir City and Farragut. The area is noted as having active development, and the property’s proximity to the water is described as driving boating and fishing traffic.
For prospective buyers, the mix of convenience retail, gas station operations, and an existing deli/restaurant seating component creates a practical, multi-use commercial footprint on a single site.
Key Highlights
- Convenience store and gas station on 1‑acre lot
- Indoor and outdoor seating areas, plus space for improvement in the deli/restaurant side
- Located on Beals Chapel Rd, convenient to Lenoir City and Farragut
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.9k | $23.40 |
| − Vacancy | −$3.4k | −$1.05 |
| EGI | $71.5k | $22.35 |
| − OpEx | −$17.9k | −$5.59 |
| NOI | $53.6k | $16.76 |
3,200 SF · lease $23.40/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$766.2K
$670.4K – $893.9K
NOI $53,633 @ 7.0% cap · market cap 7.06%
Second Best
Retail
$656.6K
$574.6K – $766.1K
NOI $45,965 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$792.6K
$693.5K – $924.7K
NOI $55,480 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lake County Market ...
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Convenience store and gas station on one acre with indoor and outdoor seating and room to improve the deli/restaurant area.
Where is this grocery and convenience store located?
The property is located at 10490 Beals Chapel Rd Lenoir City, TN.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Convenience store and gas station on 1‑acre lot; Indoor and outdoor seating areas, plus space for improvement in the deli/restaurant side; Located on Beals Chapel Rd, convenient to Lenoir City and Farragut
