1790 Interstate 40 - Convenience Store FOR SALE
Adrian, TX 79001 |
1790 Interstate 40
Adrian, TX 79001
HIGHLIGHTS
- 2023 Gross Revenue of $971,025.43 and Net Cash Flow of $845,325.43. 2024 Projected NOI of $950,000.
- Owner-user gas station, convenience store & restaurant opportunity. Free and clear of all leases.
- Situated on 6.5 Acres; 5.5 acres of raw, undeveloped land - Offering significant development potential for a truck stop or other retail
- Prime Location located along an interstate thoroughfare (18,000 VPD) with direct frontage to I-40, offering excellent visibility and accessibility.
- Located in an Income Tax Free State | Bonus Depreciation Benefits.
- 3,556 SF building with a fully operating kitchen, private office, back storage room, and private bedroom for employees or a handyman.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding, Restaurant, Service Station
TOTAL BUILDING SIZE
3556
STORIES
1
YEAR BUILT
1979
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
123211060200000000000,123211061300000000000
