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BP Gas Station & Convenience Store for Lease

Howell, MI · Michigan

Asking Price

Confidential

Cap Rate

—

NOI

Confidential

Annual Gallons

Confidential

A strategic retail lease opportunity utilizing active layouts under M Corp 10601 Oak Grove Rd LLC. The fueling infrastructure consists of a three-grade gasoline setup utilizing 5 active tanks with a total operational capacity of 18,425 gallons. The business transfers with a pre-existing SDM (beer and wine) license. Key value-add expansion strategies identified for the incoming tenant include introducing a hot foodservice program and capturing liquor sales by applying for an SDD license.

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Basics

Listing Title
BP Gas Station & Convenience Store for Lease
Transaction Type
For Lease
Asset Type
Gas Station
Status
Active
Location
Howell, MI
Market / MSA
Michigan

Property

Property Name
BP Oak Grove Howell
Street Address
10601 Oak Grove Rd
County
Livingston
ZIP
48855
Building Size
2,027 sqft

Pricing

Asking Price
Confidential
Lease Rate (monthly)
Confidential
NOI
Confidential

Fuel

Fuel Brand
BP
Branded
Yes
Fuel Supplier
RPF Oil Company
Annual Gallons
Confidential
Monthly Gallons
Confidential
Fuel Margin (CPG)
Confidential
Tanks
5
Canopy
Yes
Diesel
No
DEF Available
No
EV Charging
No
Car Wash
No

C-Store

Inside Sales (Annual)
Confidential
QSR
No
Food Service
No
Lottery
No
ATM
Yes
Beer / Wine
Yes
Tobacco
Yes

Financials

Confidential Financials

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Market

Population (1mi)
7,922
Population (3mi)
28,453
Population (5mi)
42,627
Median HH Income
$93,561
Daytime Population
40,847
Traffic Count (daily)
4,200
Main Road
Oak Grove Rd.

BP Gas Station & Convenience Store for Lease

BP Gas Station & Convenience Store for Lease