Texaco

Highlights:

• Prime Location – Located on Highly Trafficked Ferguson Road & I-635
• Excellent Business Opportunity w/ Gas & C-Store
• Multiple Sources of Income for the Owner
• Major Retail Corridor with Several National Credit Tenants
• Upside Through New Business Operator
• Open to New Financing

Description:

Faris Lee Investments is pleased to offer for sale, the rare opportunity to acquire the business and real estate of an ideally located and high performing Texaco gas station in Dallas, TX. The property is in prime position on the highly trafficked Ferguson Road (39,900 VPD) and directly off Interstate 635 (191,500 VPD), the main freeway that loops around all of Dallas. Texaco is a high performing site with great inside sales volume and strong gas volume to support a high-functioning business for any operator. The current owner recently signed a lease with Tacos Taqueria paying the owner $3,500/mo on top of inside sales, gas sales, and lotto.


The subject property is situated on Ferguson Road and is the closest location next to the on ramp for the I-635 (191,500 VPD) making this an ideal location for a gas station. The site is surrounded by several national credit retailers such as WinCo Foods, Walmart Supercenter, McDonald’s, Starbucks, Chase Bank, and ALDI. Texaco’s strong positioning off I-635 and surrounding major retailers provides consistent consumer draw and longevity for future success at the property.
Texaco is able to benefit from its close proximity to several neighborhoods and apartments that rely on Texaco’s business to support their everyday needs. Outstanding demographics make this location ideal for a business that relies on volume to thrive. There are over 333,824 residents and over 110,000 employees within a 5 mile radius of the subject property. The AHHI exceeds $78,000 within a 5 mile radius surrounding Texaco.

TBD