Property summary
This exceptional investment opportunity presents a newly renovated gas station and restaurant located at 51 I-25 Bypass in Belen, New Mexico. The property boasts 9,462 square feet and sits on a high-traffic site with over 16,000 vehicles per day passing the intersection of I-25 Bypass and Edmundo Road, ensuring excellent visibility and accessibility. The property includes eight fueling stations equipped with modern pumps, providing a quick and efficient fueling experience. The convenience store and restaurant have undergone a complete renovation, offering a modern, one-stop-shop experience for customers. The on-site Fat Sats restaurant is a well-established local favorite, known for its delicious food and strong community appeal. This turnkey operation also includes a transferable liquor license, adding significant value and revenue potential. The property benefits from a national oil brand recognition, recently upgraded to align with the Phillips 66 brand, featuring a modernized canopy and MPDs. The strategic location is surrounded by prominent national tenants, including Walmart Supercenter, Tractor Supply Co., Taco Bell, and Dollar General, further enhancing its appeal and potential for continued success. Built in 1988, this 100% occupied property is offered at $4,400,000, with a price per square foot of $465.02. This is a rare opportunity to acquire a thriving, well-established business in a prime location with significant growth potential.
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