Tenant-Occupied Gas Station Investment
For Sale
$559,900
108 Boone Road, Eden, NC 27288
Gas station for sale with tenant in place until 2028.
Days on Market301
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
Changed: Jul 6
Last Checked: Jul 30 at 8:53AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
3,636 visits/mo
0.1 miles
Demographics for 27288, NC
23,375
Population
11,127
Households
2.1
Avg Household Size
45
Median Age
13%
College-Educated
85%
High-School Grad
71.4 sq mi
ZIP Area
327
Density / Sq Mi
$53,081
Median Household Income
$36,743
Median Earnings
$828
Median Rent
$129,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
