Gas Station and Retail
For Sale
Contact for pricing
3945 Main Ave, Groves, TX 77619
Two structures and a ground lease on 0.96 acres.
Property Size13,616 SF
Lot Size0.96 Acres
Price / SF$40.39
Days on Market920
Property Features for 3945 Main Ave
General Information
Standard status
Active
Size
13,616 SF
Lot size
0.96 Acres
Property subtype
Retail
Zoning
C2
Occupancy
25%
Lease Type
Modified Gross
Investment Type
Value Add
Net Operating Income
$20,400
Building Details
Year Built
1973
Buildings
2
Stories
2
Units
3
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Arnold and Associates
(409) 833-5055
Listed By:
Tammiey Linscomb · License #TX
Source:
Crexi
Added: Feb 22, 2024
Changed: Aug 21
Last Checked: Aug 28 at 8:00PM
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 Coldwell Banker Commercial Arnold and Associates
Investment Insights
Based on property information with market context.
This property, built in 1973, includes two structures situated on 0.9642 acres. The first structure, located at 3945 Main, is a 3,616-square-foot full-service gas station and convenience store with a restaurant tenant. The second structure, located at 6039 39th Street, is a 10,000-square-foot office retail building with a parking lot. Additionally, the property includes a 0.28-acre lot at 6050 39th Street with a ground lease in place, known as Chico’s Patio. The property experiences steady traffic on Main Street and 39th Street, with approximately 7,803 cars per day. Zoned for General Light Commercial, verification with the City of Groves is recommended. This income-producing property presents a value-add opportunity and is ready for renovations.
Key Highlights
- Income‑producing property with existing tenants: Gas Station/Convenience Store with Restaurant & Ground Lease with Chico's Patio
- Two structures on a large 0.9642 AC lot: a 3,616 SF Gas Station/Convenience Store and a 10,000 SF Office Retail Building with Parking Lot
- High traffic location on Main Street and 39th Street (7,803 cars per day)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 57%
Shops & Services 34%
Dining 7%
Beauty & Spa 2%
Market Basket Foods
Groceries
16,745 visits/mo
0.2 miles
Dollar General
Shops & Services
9,071 visits/mo
0.1 miles
Domino's Pizza
Dining
1,931 visits/mo
0.2 miles
Enterprise Rent-A-Car
Shops & Services
1,008 visits/mo
0.4 miles
Merle Norman Cosmetic Studio
Beauty & Spa
606 visits/mo
0.3 miles
Demographics for 77619, TX
17,349
Population
6,885
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
3,213
Density / Sq Mi
$70,485
Median Household Income
$43,314
Median Earnings
$1,247
Median Rent
$153,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Two structures and a ground lease on 0.96 acres.
Where is this gas station located?
The property is located at 3945 Main Ave Groves, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Income‑producing property with existing tenants: Gas Station/Convenience Store with Restaurant & Ground Lease with Chico's Patio; Two structures on a large 0.9642 AC lot: a 3,616 SF Gas Station/Convenience Store and a 10,000 SF Office Retail Building with Parking Lot; High traffic location on Main Street and 39th Street (7,803 cars per day)
