2002 Highway 66 Garland, TX 75040
3,401 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,401 sqft
Price per Sqft $705
Subdivision Exxon Centerville
MLS Listing ID 21245296
HOA Y/N No
Year Built 1997
Annual Tax Amount $31,106
Lot Size 1.503 Acres
Acres 1.503
Property Sub-Type Business
Property Description
The property features a gas station with 6 pump islands featuring 12 gas and 2 diesel nozzles, convenience store, restaurant space, and carwash, presenting multiple established and potential income streams. While the current ownership has not fully optimized operations, the site offers substantial upside for an experienced operator or investor seeking value-add potential.
Strategically located with close proximity to the President George Bush Turnpike, the property is well-positioned to capture both local and commuter traffic. The expansive site provides ample parking and flexible layout options to enhance tenant mix and operational efficiency.
Investment Highlights- Signalized hard corner with high traffic counts; Over 1.5 acres with excellent street frontage and visibility; Multiple revenue streams- fuel sales, convenience retail, restaurant, and carwash; Value-add opportunity with underutilized operations; Potential for additional income through carwash lease, restaurant lease, gaming machines, and ATMs; Strong historical revenue with room for growth; Seller financing available.
Listed below appraised value, this is a rare opportunity to reposition and maximize a well-located asset in a high-growth corridor.
Location
State TX
County Dallas
Zoning Z05
Direction SW Corner of Hwy 66 and Centerville Rd in Garland, TX
Interior
Heating Electric
Cooling Central Air
Flooring Ceramic Tile
Inclusions Business, Land & Improvements
Fireplace No
Exterior
Parking Features Additional Parking, On Site, Parking Lot
Utilities Available Septic Available, Water Available
Water Access Desc Public
Roof Type Flat
Road Frontage City Street, Highway
Building
Story 1
Foundation Slab
Sewer Septic Tank
Water Public
Others
Tax ID 26176000000010000
Acceptable Financing Cash, Conventional, 1031 Exchange, Owner Will Carry
Listing Terms Cash, Conventional, 1031 Exchange, Owner Will Carry
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21245296