Tenant-Occupied Gas Station Investment
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
(704) 412-2804
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
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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.