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Tenant-Occupied Gas Station Investment Property

108 Boone Road Eden, NC 27288

108 Boone Road, Eden, NC, 27288
$559,900
For Sale
$559,900

Gas station for sale with tenant in place until 2028.

Days on Market291

Property Features for 108 Boone Road

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1987
Listing agency NORTHGROUP REAL ESTATE LLC
Listed by HETAS PATEL
Source Corcoran
Added: Oct 4, 2025 Updated: Jul 6 at 10:05AM Checked: Jul 21 at 5:03AM

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 NORTHGROUP REAL ESTATE LLC


Investment Insights

Based on property information with market context.

This gas station property is available for sale as an investment opportunity. The premises are tenant-occupied under a lease agreement that extends until January 2028, generating a current rental income of $2,500 per month. The property is offered at an approximate 5.00 percent capitalization rate, with a current annual gross income of $30,000. The convenience store features a sizable interior and is well-equipped. There is no gas contract currently in place. The property is situated in proximity to downtown Eden and The Smith River. Traffic counts indicate 6,000 vehicles on Boone Road and 9,500 vehicles on Highway 770, according to the 2023 NCDOT Annual Average Daily Traffic mapping application.

Key Highlights

  • Tenant‑occupied property provides immediate rental income.
  • Lease in place until January 2028.
  • Current annual gross income of $30,000.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Exotic 777’s LLC (Bike/Boat/Book/etc) Store Citgo Gas Station ATM Atm LibertyX Bitcoin ATM Atm

Suggested Use

Real Estate Agency Dental Office Parking Lot & Garage Big Box & Wholesale Store Electrical Service Skin Care Clinic Building Supply Restaurant Garden Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Gas station - Gas station for sale with tenant in place until 2028.
Where is this gas station located?
The property is located at 108 Boone Road Eden, NC.
What is the asking price?
The asking price for this property is $559,900.
What are key features of this property?
This property features: Tenant‑occupied property provides immediate rental income.; Lease in place until January 2028.; Current annual gross income of $30,000.
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