22263 Us-59 Queen City, TX 75572
- Retail properties
- 6,000 SF
- 12.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 22263 Us-59
- Lot size
- 12.00 lot acres
- Property size
- 6,000 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queen City
- County
- Cass
- State
- Texas
- Longitude
- -94.1532
- Latitude
- 33.2602
