2002 Highway 66

Description

Exceptional opportunity to acquire a multi-use commercial property positioned on over 1.5 acres at the intersection of State Highway 66 and Centerville Road. This high-visibility corner benefits from significant daily traffic counts, with approximately 38,000 vehicles per day on Highway 66 and 27,000 vehicles per day on Centerville Road, offering outstanding exposure and accessibility. The property features a gas station with 6 pump islands featuring 12 gas and 2 diesel nozzles, convenience store, restaurant space, and carwash, presenting multiple established and potential income streams. While the current ownership has not fully optimized operations, the site offers substantial upside for an experienced operator or investor seeking value-add potential. Strategically located with close proximity to the President George Bush Turnpike, the property is well-positioned to capture both local and commuter traffic. The expansive site provides ample parking and flexible layout options to enhance tenant mix and operational efficiency. Investment Highlights- Signalized hard corner with high traffic counts; Over 1.5 acres with excellent street frontage and visibility; Multiple revenue streams- fuel sales, convenience retail, restaurant, and carwash; Value-add opportunity with underutilized operations; Potential for additional income through carwash lease, restaurant lease, gaming machines, and ATMs; Strong historical revenue with room for growth; Seller financing available. Listed below appraised value, this is a rare opportunity to reposition and maximize a well-located asset in a high-growth corridor.