Current Use by Public Records
- Retail properties & Spaces
Property Details for 304 I-20
- Year built
- 1993
- Lot size
- 10.16 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This exceptional value-add opportunity presents a 12,000-square-foot convenience store and truck stop situated on 10.16 acres of prime land in Marshall, Texas, off Interstate 20. Boasting a 100% occupancy rate, the property benefits from a daily traffic count exceeding 35,000 vehicles. The recently rebranded Mobil station features a newly installed sign and includes a high-margin restaurant and a mechanic shop generating additional rental income. Built in 1993, this single-building property offers 20 gas pumps and is a NNN lease with multiple tenants. The asking price is $2,500,000, translating to $208.33 per square foot. A new CAT scale is slated for completion upon purchase, further enhancing the property's value and appeal. This is a rare chance to acquire a well-established, high-performing retail asset with significant upside potential in a high-traffic location. The property's size, location, and existing income streams make it an attractive investment for those seeking a strong return on investment.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marshall
- County
- Harrison
- State
- Texas
- Longitude
- -94.3549
- Latitude
- 32.4901
