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Auto Service - Gas-Conv

Texaco

1804 Avenue H, Rosenberg, TX 77471

Listing Price: $2,640,000

Cap Rate
5.00%
Tenant Name
Other
Years Remaining On Lease
4.7
Gross SF
23,958
Guarantor
Local Franchisee
Rentable SF
2,464
Price/Gross SF
$110.19
Lease Type
Absolute Net
Rent Per Square Feet
$36.53

Investment Overview

Marcus & Millichap is pleased to exclusively list for sale a newly remodeled gas station and convenience store in Rosenberg, Texas, at the corner of Avenue H and 1st Street. The property situated on 0.55 acres of land, offers great visibility and access to the newly constructed 1st Street overpass, with annual average traffic counts exceeding 15,000 vehicles per day. The subject property features two curb cuts on Avenue H and two curb cuts on TX-36, including left and right turn access on TX-36. Scheduled to have a “Grand Opening” in January of 2022, this property gives a new investor the opportunity to acquire a turnkey property to operate under the Texaco brand. The property has four stations with eight pumps with unleaded and diesel service. The property has one 12,000 gallon underground diesel storage tank and two 12,000 gallon underground gasoline tanks that were all installed in 1996. The tanks are single-wall composite (steel/FRP).

Investment Highlights

  • IMST Avgerage Monthly Sales Projections (Year 1): $124,318
  • Complete Remodel, Q4 2021
  • New MPD's, Interior, Exterior, Coolers, Kitchen, Equipment
  • Gas Consignment Contract in place: $4,000 Per Month
  • New Level One Imaging
  • Taco Express Tenant in Place
  • Hard Corner
  • Business, Real Estate & FF&E Included

Exclusively Listed By

Auto Service - Gas-Conv

Texaco

Listing Price: $2,640,000

Cap Rate
5.00%
Tenant Name
Other
Years Remaining On Lease
4.7
Gross SF
23,958
Guarantor
Local Franchisee
Rentable SF
2,464
Price/Gross SF
$110.19
Lease Type
Absolute Net
Rent Per Square Feet
$36.53

Investment Highlights

  • IMST Avgerage Monthly Sales Projections (Year 1): $124,318
  • Complete Remodel, Q4 2021
  • New MPD's, Interior, Exterior, Coolers, Kitchen, Equipment
  • Gas Consignment Contract in place: $4,000 Per Month
  • New Level One Imaging
  • Taco Express Tenant in Place
  • Hard Corner
  • Business, Real Estate & FF&E Included

Investment Overview

Marcus & Millichap is pleased to exclusively list for sale a newly remodeled gas station and convenience store in Rosenberg, Texas, at the corner of Avenue H and 1st Street. The property situated on 0.55 acres of land, offers great visibility and access to the newly constructed 1st Street overpass, with annual average traffic counts exceeding 15,000 vehicles per day. The subject property features two curb cuts on Avenue H and two curb cuts on TX-36, including left and right turn access on TX-36. Scheduled to have a “Grand Opening” in January of 2022, this property gives a new investor the opportunity to acquire a turnkey property to operate under the Texaco brand. The property has four stations with eight pumps with unleaded and diesel service. The property has one 12,000 gallon underground diesel storage tank and two 12,000 gallon underground gasoline tanks that were all installed in 1996. The tanks are single-wall composite (steel/FRP).

Exclusively Listed By

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