Turn-Key Convenience
44014 Austen Street Penitas, TX 78576
For Sale
$325,000
Turn-key ready convenience store offered for sale on the northeast corner of Jarachinas Rd and Austen St.
Property Size1,600 SF
Price / SF$203.13
Days on Market343
Property Features for 44014 Austen Street
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2016
Listing Agency:
Sendero Realty
(956) 458-5839
Listed By:
Fernando Reyes
(956) 458-5839
Source:
Xome
Added: Aug 15, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:01AM
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 Sendero Realty
Investment Insights
Based on property information with market context.
This turn-key ready convenience store is being offered for sale as a commercial investment opportunity. The property is positioned for straightforward convenience retail operations and is described as ready for use.
The store is located on the NE corner of Jarachinas Rd and Austen St in Penitas, Texas, providing a corner setting for street-level visibility.
Offered with owner financing available, this can be a practical option for buyers seeking a convenience retail asset in Penitas.
The store is located on the NE corner of Jarachinas Rd and Austen St in Penitas, Texas, providing a corner setting for street-level visibility.
Offered with owner financing available, this can be a practical option for buyers seeking a convenience retail asset in Penitas.
Key Highlights
- Turn‑key ready convenience store for sale on the northeast corner of Jarachinas Rd and Austen St
- Built in 2016
- 18 paved parking spaces and paved driveway
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.8k | $20.52 |
| − Vacancy | −$1.9k | −$1.17 |
| EGI | $31.0k | $19.35 |
| − OpEx | −$7.7k | −$4.84 |
| NOI | $23.2k | $14.51 |
1,600 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$331.7K
$290.3K – $387.0K
NOI $23,220 @ 7.0% cap · market cap 7.14%
Second Best
Retail
$308.6K
$270.0K – $360.1K
NOI $21,603 @ 7.0% cap · market cap 6.65%
Theoretical Best
Hotel Hospitality
$1.21M
$1.05M – $1.41M
NOI $84,360 @ 7.0% cap · market cap 25.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ria Money Transfer ...
Bank
LA TIENDA DEL ...
Department Store
FAQs
What type of property is this?
Grocery and convenience store - Turn-key ready convenience store offered for sale on the northeast corner of Jarachinas Rd and Austen St.
Where is this grocery and convenience store located?
The property is located at 44014 Austen Street Penitas, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Turn‑key ready convenience store for sale on the northeast corner of Jarachinas Rd and Austen St; Built in 2016; 18 paved parking spaces and paved driveway
