This Property is no longer advertised on Showcase.com.
Off Market
1/27

15698 Hwy 96 N
Brookeland, TX 75931


HIGHLIGHTS

  • Established C-Store with Repeat Customer Base
  • Daiquiri Drive-Thru - Competitive Advantage
  • Brand new Canopy, Tanks, & Pumps
  • Turn-Key Rental Income with Commercial Building and Living Quarters
  • AirBnB Income for upgraded 4/2.5 - No Hotel Competition within 15 miles

OVERVIEW

Owner Operated, Independent Gas Station/Convenient Store at HardCorner of Highway 96/County Rd 200 for sale (1.7 Acres) 15698 U.S. Highway 96 N Brookeland, TX 75931 Itemized breakdowns of below numbers can be provided during diligence period 2023 Monthly Inside Sales.......~$40k/mo ($490k annual inside sales. Only operating as C store, as there are no exterior pumps) 2022 Monthly Inside Sales........~$39k/mo ($470k annual inside sales. Only operating as C store, as there are no exterior pumps) RENTAL INCOME ($1,250+/mo) Post Office.........................$750/mo (been there for over a decade. 5 year lease with renewal option expires in 2027) Vacant Suite......................$500/mo (in past it was leased for $500/mo to arcade/game room) 4/2.5 Living Quarters......(upgraded mobile home currently occupied by owner, can be used as Airbnb) UPGRADES In T-36 Months, owner upgraded interior, including but not limited to: LVT Flooring, granite countertops, brand new freezers, new walk-in cooler, LED lighting, new roofs on store and Plaza building, new surrounding soffit, new outside lights and flood lights, new security cameras, new skirting on store roof for signage and wind damper, added canopy over drive thru and added signage, new exterior wall on rear or store, etc. LOGISTICS and VALUE-ADDs C-Store is in talks with a major oil copy any to sign a 10 year fuel contract, in which oil company will replace all tanks, installing new canopy and 6 pumps (plus 1 diesel) with major oil company for 10 yr contract. Owner has not signed the agreement yet and prefers to sell to a new owner instead before any long-term fuel contracts are locked in. Estimated gallon usage per jobber survey is ~40-45k gallons per month (480k+ gallons annually) -Daiquiri Machines w/Drive-Thru Daiquiris ..........Only location on way to lake that sells Daiquiris. Owner does no advertising for this, but could increase incoming traffic with more daiquiri exposure. There is also a drive through for convenient ordering and pick-up. -4/2.5 Living Quarters ............Could be used as Airbnb/Vacation rental for guests visiting the lake, fishing competitions, etc. Closest hotel is 15+ miles away in Jasper, so huge proximity value to charge as a short term rental. (Can easily make ~$1,500+ on a single weekend for short term rental income) COMPETITION Branded Valero across the highway. Subject property has competitive advantage due to more inventory AND customized boat/lake inventory, almost like a mini-supermarket: lanterns, campfires, propane, fishing paraphernalia, anything grocery related, etc. Valero does not have any of this. Seller has owned business for long time and done upgrades periodically since purchasing. Seller now selling to be closer with family. Please do not disturb anyone at the property or inquire about the sale. Call Ruchi: 979-575-1148

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Established Gas Station/C-Store w/Value-Add

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

4000

STORIES

1

YEAR BUILT

1970

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

000602002000