Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Hampton Rd
- Year built
- 2016
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This exceptional DeSoto, Texas convenience store, built in 2016, presents a lucrative investment opportunity. Boasting 2,200 square feet on a 20,000 square foot lot, the property includes four gas pumps and a thriving taqueria generating $6,200 in monthly rental income. High monthly lottery sales average $9,500, and miscellaneous income adds another $18,000-$20,000 monthly, contributing to a substantial overall revenue stream. The store's current inside sales average $50,000-$55,000 per month, and gas sales reach nearly $25,000 monthly. The property is offered for sale by owner at $2,100,000 and is a single-story building with one unit. A lease-to-own option is available with 25% down, 8% amortization over 20 years, and a 2-year balloon payment. Appraisal and environmental reports are complete, facilitating a swift closing process, potentially within a month for qualified buyers utilizing an SBA loan with a 15% down payment. This owner-user opportunity requires minimal staffing, making it an attractive and manageable 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
- DeSoto
- County
- Dallas
- State
- Texas
- Longitude
- -96.8572
- Latitude
- 32.6116
