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New Chevron Gas Station Investment
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7940 Plum Grove Rd, Cleveland, TX 77327

New gas station with diversified income streams in growing area.

Property Size7,500 SF
Lot Size13.00 Acres
Days on Market246

Property Features for 7940 Plum Grove Rd

General Information

Standard status Active
Size 7,500 SF
Lot size 13.00 Acres
Property subtype Retail, Special Purpose
Investment Type Value Add

Building Details

Year Built 2023
Buildings 1
Stories 1
Listing Agency: CBRE Group Inc.
Listed By: Sai Thakor · License #TX745779
Source: Crexi
Added: Feb 3 Changed: Sep 22 Last Checked: Oct 5 at 6:33PM

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 CBRE Group Inc.

Investment Insights

Based on property information with market context.

Constructed in 2023, this 7,500 sq. ft. Chevron-branded gas station, known as Teddy’s, is situated at 7940 Plum Grove Rd in Cleveland, TX, on a 13-acre parcel. A Chevron fuel contract is secured through 2034. The convenience store benefits from multiple income streams. A Pizza Hut franchisee contributes $2,500 per month + NNN with eight years remaining on their lease. Additionally, a donut shop pays $2,500 per month, and taco trucks generate $5,000 monthly. The surrounding area is experiencing rapid residential expansion, with major master-planned communities contributing to population growth and increased traffic along the Plum Grove corridor. Ongoing construction of new residential lots and subdivisions around the site is boosting demand for fuel, convenience retail, and on-site food operators. This property offers investors a stable asset with long-term upside due to its diversified tenant mix and location in one of Liberty County’s fastest-growing residential markets.

Key Highlights

  • New Chevron gas station (built 2023) with fuel contract secured through 2034.
  • Multiple income streams from Pizza Hut, donut shop, and taco trucks, generating substantial monthly revenue.
  • Located on a large 13‑acre parcel in a rapidly growing residential area of Liberty County.

Property Analytics

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Current Use

U-Haul Neighborhood Dealer Car Rental Facility Intermex Wire Transfer Bank Teddy’s Chevron Gas Station Fresh Donuts Bakery SAM Check Cashing ... Check Cashing

Suggested Use

Top Pick Building Supply Bakery Auto Repair Shop Cafe & Coffee Shop Grocery & Convenience Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 90% Dining 10%
Chevron Shops & Services
9,604 visits/mo 0.0 miles
Pizza Hut Dining
1,092 visits/mo 0.0 miles

Demographics for 77327, TX

32,269
Population
12,967
Households
2.5
Avg Household Size
33
Median Age
10%
College-Educated
75%
High-School Grad
339.1 sq mi
ZIP Area
95
Density / Sq Mi
$57,538
Median Household Income
$39,382
Median Earnings
$1,001
Median Rent
$144,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - New gas station with diversified income streams in growing area.
Where is this gas station located?
The property is located at 7940 Plum Grove Rd Cleveland, TX.
What are key features of this property?
This property features: New Chevron gas station (built 2023) with fuel contract secured through 2034.; Multiple income streams from Pizza Hut, donut shop, and taco trucks, generating substantial monthly revenue.; Located on a large 13‑acre parcel in a rapidly growing residential area of Liberty County.
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