Gas Station with
110 Henson Rd La Follette, TN 37766
For Sale
Contact for pricing
Pending
Over 6,000 sq. ft. gas station with a full-service restaurant on approximately 2.37 acres.
Property Size6,000 SF
Lot Size2.37 Acres
Days on Market647
Property Features for 110 Henson Rd
General Information
- Standard status
- Pending
- Size
- 6,000 SF
- Lot size
- 2.37 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2013
Listing Agency:
Southland commercial Group
(865) 693-6961
Listed By:
Raj Cheema · License #335652
Source:
Crexi
Added: Oct 15, 2024
Changed: Jul 23
Last Checked: Jul 23 at 9:14AM
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 Southland commercial Group
Investment Insights
Based on property information with market context.
This expansive gas station totals over 6,000 sq. ft. and includes a full-service restaurant. The property sits on approximately 2.37 acres and is offered for sale with the combination of fuel and food service in one site.
The offering is located at 110 Henson Rd in LaFollette, TN. The asset is positioned to support a flexible mix of operations centered on the existing gas station and restaurant configuration.
With its standalone site size and built-in restaurant component, this property may appeal to buyers looking for a single location that combines retail fuel service with full-service dining.
The offering is located at 110 Henson Rd in LaFollette, TN. The asset is positioned to support a flexible mix of operations centered on the existing gas station and restaurant configuration.
With its standalone site size and built-in restaurant component, this property may appeal to buyers looking for a single location that combines retail fuel service with full-service dining.
Key Highlights
- Year built 2013
- Over 6,000 sq. ft. gas station
- Includes a full‑service restaurant
Financial Insights For Industrial
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 | $61.2k | $10.20 |
| − Vacancy | −$3.7k | −$0.61 |
| EGI | $57.5k | $9.59 |
| − OpEx | −$17.3k | −$2.88 |
| NOI | $40.3k | $6.71 |
6,000 SF · lease $10.20/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,562 @ 7.0% cap · market cap 15.96%
Second Best
Retail
$1.23M
$1.08M – $1.44M
NOI $86,184 @ 7.0% cap · market cap 13.68%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,026 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Stop N Shop ...
Gas Station
Mama's Kitchen/ Stop ...
Gas Station
FAQs
What type of property is this?
Gas station - Over 6,000 sq. ft. gas station with a full-service restaurant on approximately 2.37 acres.
Where is this gas station located?
The property is located at 110 Henson Rd La Follette, TN.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: Year built 2013; Over 6,000 sq. ft. gas station; Includes a full‑service restaurant
