X Ave Deer Park, TX TX 77536

Property Details for X Ave

Year built

1979

Property size

2,480 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

Description

This established Valero gas station and convenience store in Deer Park, Texas, presents a unique owner-user investment opportunity. The 2,480-square-foot building, situated on a 0.35-acre lot, underwent a complete renovation in 2022, including a new fueling canopy, eight state-of-the-art gas pumps, a redesigned interior, updated equipment, and fresh exterior paint. The property, with assessor's parcel number 011-319-000-0219, is located in the rapidly growing Houston-The Woodlands-Sugar Land MSA, benefiting from a significant increase in population and households since 2010. Market data reveals strong consumer demand for convenience store goods and services in the area, with high market penetration indices for various products, including coffee, cigarettes, and gasoline. The property's strategic location and recent renovations position it for continued success, offering a compelling combination of established business and growth potential. The asking price is $1,175,000, translating to $473.79 per square foot. Built in 1979, this single-tenancy retail property offers a turnkey operation within a vibrant and expanding community. The property's success is further supported by the high percentage of adults in the area who regularly shop at convenience stores and the diverse spending habits within the community. This presents a strong investment opportunity for an owner-operator seeking a well-established and profitable business in a high-growth market.