New Construction Gas
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3011 S Third St, Memphis, TN 38109
Brand-new fuel station combining convenience retail, hot food service, and multiple fueling positions.
Property Size2,440 SF
Price / SF$1,311
Days on Market160
Property Features for 3011 S Third St
General Information
Standard status
Active
Size
2,440 SF
Class
A
Property subtype
Mixed Use, Retail
Financials
Asking Price
$3,200,000
Business Included
Yes
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Fuel Pumps
3
Amenities
ATM on-site
propane exchange
security cameras
walk-in cooler
hot food kitchen with digital menu boards
Building Details
Year Built
2025
Buildings
1
Abandoned
No
Listing Agency:
FAST TRACK REALTY
Listed By:
Saber Alshoja · License #377827
Source:
Crexi
Added: Mar 25
Changed: Aug 30
Last Checked: Aug 30 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FAST TRACK REALTY
Investment Insights
Based on property information with market context.
Completed in July 2025, this Valero-branded gas station includes a 2,440-square-foot convenience store, three pumps serving six fueling positions, and continuous 24/7 operations. The property also features a Crazy Chicken hot food kitchen with digital menu boards, a 10-door walk-in cooler, multi-register POS equipment, an ATM, propane exchange, and security cameras. A 12-year exclusive Valero supply agreement transfers with the sale.
The station occupies a corner location at US Highway 61 and Peebles Avenue, with dedicated curb cuts and a trade area of more than 43,000 residents in ZIP 38109. Three parcels are included: the operating station parcel is approximately 0.34 acres, while demolition is in progress on the two additional parcels. The assemblage provides room for expansion from three pumps to five or more.
The station occupies a corner location at US Highway 61 and Peebles Avenue, with dedicated curb cuts and a trade area of more than 43,000 residents in ZIP 38109. Three parcels are included: the operating station parcel is approximately 0.34 acres, while demolition is in progress on the two additional parcels. The assemblage provides room for expansion from three pumps to five or more.
Key Highlights
- Brand‑new 2,440 SF construction completed in July 2025
- Three pumps with six fueling positions under a Valero‑branded canopy
- Crazy Chicken hot food kitchen with digital menu boards
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 25%
Electronics 9%
McDonald's
Dining
21,067 visits/mo
0.1 miles
Circle K
Shops & Services
9,574 visits/mo
0.2 miles
KFC
Dining
3,621 visits/mo
0.2 miles
SUBWAY
Dining
3,542 visits/mo
0.2 miles
Boost Mobile
Electronics
1,683 visits/mo
0.2 miles
Demographics for 38109, TN
42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Brand-new fuel station combining convenience retail, hot food service, and multiple fueling positions.
Where is this gas station located?
The property is located at 3011 S Third St Memphis, TN.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Brand‑new 2,440 SF construction completed in July 2025; Three pumps with six fueling positions under a Valero‑branded canopy; Crazy Chicken hot food kitchen with digital menu boards
