Auto Service - Gas-Conv

Convenience Store & Apartment

100 W 2nd Street, Venus, TX 76084

Listing Price: $499,000

Cap Rate
11.30%
Tenant Name
Gudelia Guzman Bahena
Years Remaining On Lease
2.9
Gross SF
2,600
Guarantor
Personal Guarantee
Rentable SF
2,600
Price/Gross SF
$191.92
Lease Type
Gross Lease
Rent Per Square Feet
$21.69

Investment Overview

Marcus & Millichap is please to exclusively present Venus Convenience Store with Restaurant and Apartment located in Venus, Johnson County. Situated near US Highway 67 and just 30 miles from Fort Worth.

The subject property, rebuilt in 2018 with 2,600-square feet . It has convenience store with restaurant and apartment on the top. Convenience store equipped with a commercial kitchen for a restaurant with seating area. One of the famous restaurant in the area with high sales volume. Average convenience store business up 10 percent during Covid-19.

Its gross leased with monthly rent of $4,000 from Convenience Store and $1,200 from apartment, Upside to increase rent by 10 percent from apartment tenant on renewal. Both tenants always on time and current on rent. Convenience store has five-year lease and apartment with one-year lease.






Investment Highlights

  • Convenience Store & Restaurant with Apartment
  • 100% Leased
  • 11.30% Cap Rate
  • Tenant Occupied with 5-Year Lease & 5-Year Option
  • Rebuilt in 2018, Everything is Brand New. New Store, Restaurant & New Apartments.
  • All New Equipment

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Convenience Store & Apartment

Listing Price: $499,000

Cap Rate
11.30%
Tenant Name
Gudelia Guzman Bahena
Years Remaining On Lease
2.9
Gross SF
2,600
Guarantor
Personal Guarantee
Rentable SF
2,600
Price/Gross SF
$191.92
Lease Type
Gross Lease
Rent Per Square Feet
$21.69

Investment Highlights

  • Convenience Store & Restaurant with Apartment
  • 100% Leased
  • 11.30% Cap Rate
  • Tenant Occupied with 5-Year Lease & 5-Year Option
  • Rebuilt in 2018, Everything is Brand New. New Store, Restaurant & New Apartments.
  • All New Equipment

Investment Overview

Marcus & Millichap is please to exclusively present Venus Convenience Store with Restaurant and Apartment located in Venus, Johnson County. Situated near US Highway 67 and just 30 miles from Fort Worth.

The subject property, rebuilt in 2018 with 2,600-square feet . It has convenience store with restaurant and apartment on the top. Convenience store equipped with a commercial kitchen for a restaurant with seating area. One of the famous restaurant in the area with high sales volume. Average convenience store business up 10 percent during Covid-19.

Its gross leased with monthly rent of $4,000 from Convenience Store and $1,200 from apartment, Upside to increase rent by 10 percent from apartment tenant on renewal. Both tenants always on time and current on rent. Convenience store has five-year lease and apartment with one-year lease.






Exclusively Listed By

Financing By

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