1790 Interstate 40

Opportunity to acquire a highly profitable business and valuable asset with opportunity for future development. This 6.5-acre property, with direct frontage on Interstate 40, offers prime visibility and easy access, attracting approximately 18,000 vehicles per day. This property was extensively renovated in 2020/2021. Currently free and clear of all leases, this property includes a convenience store, restaurant and gas station, with six pumps and a separate canopy for large commercial trucks. Inside features a fully operating kitchen, a private office, back storage room, and a private bedroom for employees. The seller has existing building plans in place to construct an 11,000 SF truck stop on the rear side of the property to complement the gas station. All plans and contacts related to this proposed project can be conveyed to the buyer.
With strong financial performance, boasting a 2023 NOI of $850,000 and a 2024 projected NOI of $950,000, this investment promises immediate cash flow and long-term returns. The property’s strategic location near notable tourist attractions like Cadillac Ranch and historic Route 66 further enhances its appeal. Additionally, the site features large pylon signage visible from I-40. The current owner has plans to build a +/-9,000 SF truck stop on the rear side of the property, complementing the existing facilities. Seller financing considered