0 Moore Ave, Terrell, TX 75160
This exceptional turnkey retail investment opportunity in Terrell, Texas, presents a newly renovated Valero convenience store, gas station, and QSR (Taco and Chicken) totaling 3,100 square feet on a 0.65-acre lot. The property boasts four gas pumps (one brand new), newly installed fuel tanks, and a complete interior renovation including a new cooler, roof, HVAC system, and counters. The building's exterior also received significant upgrades, resulting in an IMST number exceeding $100,000. A 20-year fuel contract is in place, providing a 1.5 cent per gallon rebate. After 10 years, the jobber will provide a new store image. The current store will also receive a brand-new image. The property generates substantial income with a projected monthly rent of $11,500 from the established Taco and Chicken tenants. Estimated completion of renovations is July-August 2024. This high-traffic location on W Moore Ave in Kaufman County, TX (zip code 75160) offers significant upside potential. The asking price is $4,000,000, representing a price per square foot of $1,290.32. Serious inquiries only, with proof of funds and an executed Confidentiality Agreement are required.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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