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Auto Service - Gas-Conv

Gas Station Commercial Development

1915 N Hampton Rd, DeSoto, TX 75115

Listing Price: $1,000,000

Cap Rate
1.00%
Tenant Name
Computer Repair
Years Remaining On Lease
0.2
Gross SF
2,117
Guarantor
Franchisee Guarantee
Rentable SF
2,117
Price/Gross SF
$472.37
Lease Type
Gross Lease

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to present the exclusive offering of the Desoto Gas Station and Commercial Development located at 1915 North Hampton Road in Desoto, Texas. Conveniently located 1.2 miles from Interstate 20 and 2 miles from Interstate 35E. The property enjoys great traffic counts, with over 27,534 cars driving by daily. The property includes a 2,117 square foot building with car wash. Both buildings need to be updated. The underground storage gas tanks have been removed in 2004. Additionally, the adjacent vacant land located at 115 East Centre Park Boulevard is included in the sale. This provides a developer the opportunity for additional retail and commercial uses that will benefit from the gas station traffic. There is current construction projects and new developments surrounding the property in every direction. The property benefits from strong demographics, serving a five-mile radius population of approximately 200,000 residents and within a one-mile radius an average household income exceeding $150,000.

Investment Highlights

  • Gas Station Redevelopment & Retail Site.
  • Existing C-Store & Car Wash Building With Huge Canopy
  • Total 1.47 Acres Land, Priced $15.61/Sq. Ft
  • Gas Tanks Removed in 2004
  • Signalized Hard Corner With Great Visibility
  • Traffic Counts: 27,534 VPD
  • Primed For A Quick Property Rehab
  • Located In North DeSoto With Frontage On Main Thoroughfare In North Hampton Road

Exclusively Listed By

Auto Service - Gas-Conv

Gas Station Commercial Development

Listing Price: $1,000,000

Cap Rate
1.00%
Tenant Name
Computer Repair
Years Remaining On Lease
0.2
Gross SF
2,117
Guarantor
Franchisee Guarantee
Rentable SF
2,117
Price/Gross SF
$472.37
Lease Type
Gross Lease

Investment Highlights

  • Gas Station Redevelopment & Retail Site.
  • Existing C-Store & Car Wash Building With Huge Canopy
  • Total 1.47 Acres Land, Priced $15.61/Sq. Ft
  • Gas Tanks Removed in 2004
  • Signalized Hard Corner With Great Visibility
  • Traffic Counts: 27,534 VPD
  • Primed For A Quick Property Rehab
  • Located In North DeSoto With Frontage On Main Thoroughfare In North Hampton Road

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to present the exclusive offering of the Desoto Gas Station and Commercial Development located at 1915 North Hampton Road in Desoto, Texas. Conveniently located 1.2 miles from Interstate 20 and 2 miles from Interstate 35E. The property enjoys great traffic counts, with over 27,534 cars driving by daily. The property includes a 2,117 square foot building with car wash. Both buildings need to be updated. The underground storage gas tanks have been removed in 2004. Additionally, the adjacent vacant land located at 115 East Centre Park Boulevard is included in the sale. This provides a developer the opportunity for additional retail and commercial uses that will benefit from the gas station traffic. There is current construction projects and new developments surrounding the property in every direction. The property benefits from strong demographics, serving a five-mile radius population of approximately 200,000 residents and within a one-mile radius an average household income exceeding $150,000.

Exclusively Listed By

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