Property profile

22263 Us-59 Queen City, TX 75572

OFF-MARKET
Retail properties & Spaces
6,000 SF 12 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving 6,000 square foot convenience store situated on a substantial 12-acre lot in Queen City, Texas. Located on the busy US Highway 59, this single-story building boasts 100% occupancy and operates under a NNN lease. The asking price is $2,900,000, translating to $483.33 per square foot. Currently configured as a successful convenience store, the property holds a liquor, beer, and wine license, adding significant revenue potential. Beyond the existing operation, there's ample space available for expansion, with potential uses including a tire shop and truck mechanic shop, catering to the high traffic volume of the highway location. The property's size and strategic location make it an ideal investment for those seeking a high-return, established business with significant growth potential. The property is offered as a single-tenancy retail investment, providing a stable income stream and the opportunity to capitalize on the existing business and future expansion possibilities. This turnkey operation is ready for a new owner to step in and continue its success. The property's 12-acre lot provides ample room for future development or expansion of existing services. All utilities are connected and operational. This is a rare opportunity to acquire a well-established, high-performing business in a prime location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,000 SF
Lot 12 ac (522,720 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

22263 Us-59 Queen City, TX 75572
Queen City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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