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Auto Service - Gas-Conv

Gas Station & Convenience Store

602 S Bell Blvd, Cedar Park, TX 78613

Listing Price: $1,950,000

Cap Rate
0.10%
Tenant Name
Chevron
Years Remaining On Lease
7.2
Guarantor
Private Guarantee
Rentable SF
2,411
Lease Type
Ground Lease

Investment Overview

The subject offering provides qualified investors with the opportunity to acquire the land, building and business of a gas station located in the highly desirable Cedar Park market. Located just north of Austin, Cedar Park has experienced exceptional population growth, exploding from 5,261 residents in 1990 to almost 80,000 in 2020. Additionally, this location is primed to benefit from a massive urban renewal project currently being undertaken by the city. Just north of this location, the Bell District project is being developed on fifty acres along Bell Boulevard and will feature high-density residential projects, individual urban brownstones, a new public library and a variety of retail and professional office projects. The gas station is well set-up for an established or first-time operator to maximize the value of the site and the upcoming development project. The station has direct access to Bell Boulevard, sits on 0.72 acres of land, and has ample room for an incoming investor to put their stamp on the property. With minimal investment, an operator could transform this location into a high volume, productive C-Store, taking advantage of the growing Cedar Park suburb and current urban renewal.

Investment Highlights

  • Large, Malleable Lot Sitting on 0.72 Acres
  • Located in Urban Renewal Zone Experiencing Substantial Capital Investment from the City
  • Cedar Park is One of the Fastest-Growing Cities in America
  • Bell Boulevard is a Primary Thoroughfare through Cedar Park, Carrying Heavy Residential and Retail Traffic to and from Austin

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Gas Station & Convenience Store

Listing Price: $1,950,000

Cap Rate
0.10%
Tenant Name
Chevron
Years Remaining On Lease
7.2
Guarantor
Private Guarantee
Rentable SF
2,411
Lease Type
Ground Lease

Investment Highlights

  • Large, Malleable Lot Sitting on 0.72 Acres
  • Located in Urban Renewal Zone Experiencing Substantial Capital Investment from the City
  • Cedar Park is One of the Fastest-Growing Cities in America
  • Bell Boulevard is a Primary Thoroughfare through Cedar Park, Carrying Heavy Residential and Retail Traffic to and from Austin

Investment Overview

The subject offering provides qualified investors with the opportunity to acquire the land, building and business of a gas station located in the highly desirable Cedar Park market. Located just north of Austin, Cedar Park has experienced exceptional population growth, exploding from 5,261 residents in 1990 to almost 80,000 in 2020. Additionally, this location is primed to benefit from a massive urban renewal project currently being undertaken by the city. Just north of this location, the Bell District project is being developed on fifty acres along Bell Boulevard and will feature high-density residential projects, individual urban brownstones, a new public library and a variety of retail and professional office projects. The gas station is well set-up for an established or first-time operator to maximize the value of the site and the upcoming development project. The station has direct access to Bell Boulevard, sits on 0.72 acres of land, and has ample room for an incoming investor to put their stamp on the property. With minimal investment, an operator could transform this location into a high volume, productive C-Store, taking advantage of the growing Cedar Park suburb and current urban renewal.

Exclusively Listed By

Financing By

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