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1600 W Euless & 901 Marlene Dr

2 Retail Properties in Euless, TX

Investment Highlights

  • Value-Add, Turn key business and real estate portfolio with excess land for further investment or expansion
  • ESA Phase 1 and Phase 2 Reports Completed
  • 1.25 acres of prime, entitled land is included with the purchase
  • Current gas contract with Valero ends at the end of this year, providing optimal versatility and re-branding opportunities for future owner.
  • Located at major signalized intersection with frontage along Hwy 10 for high visibility and easy ingress/egress
  • Respected and profitable business entrenched in the community with local clientele and 20+ corporate accounts

Executive Summary

**Owner requires strict confidentiality; please do not disturb or engage with employees; please direct all questions to listing agent**
This offering presents a rare opportunity to acquire a versatile, turn-key business portfolio located in Euless, Texas, along the highly visible Highway 10 corridor. The property features a well-established auto service shop, a Valero-branded gas station and recently remodeled C-Store, and approximately 1.25 acres of excess land zoned for highway commercial use. This strategically positioned asset provides substantial potential for a new owner to unlock multiple revenue streams and capitalize on further development opportunities. Long-time owner has established a loyal clientele over his decades as business owner; Auto shop has 20+ corporate accounts including American airlines and HEB ISD.
Offering Includes:
Auto Service Shop: A 3,700 SF facility with 8 bays and a secured yard area of approximately 15,000 SF, serving a loyal customer base including major corporate accounts.
Valero Gas Station & C-Store: A 1,654 SF convenience store equipped with a commercial kitchen and a gaming station, operating under a Valero contract. This C-Store also houses an income-generating taqueria.
Excess Development Land: ±1.25 acres of fully entitled land, ideal for future development, expansion of current operations, or other investment purposes.
Equipment: All equipment and inventory associated with both businesses.
Value-Add Opportunities:
Development Potential on Adjacent Land: The additional 1.25 acres of zoned land offers options for expansion, new business development, or leasing, which could significantly increase revenue and property value.
Enhanced Inside Sales for the Gas Station: Increasing the convenience store’s high-margin product offerings, such as ready-to-eat foods and beverages, can boost profit margins and average transaction values.
Cross-Promotions and Customer Loyalty Programs: Implementing promotions between the auto shop and convenience store, along with customer loyalty programs, can drive repeat business and enhance customer retention.
Expansion of Auto Shop Services and Taqueria Space: Introducing high-margin services, such as vehicle detailing or performance upgrades, can attract a broader customer base and increase revenue per customer.
Bonus Depreciation: Utilizing bonus depreciation on eligible assets (such as equipment and property improvements) allows for accelerated tax deductions, improving cash flow and reducing tax liability in the early years of ownership.
Cost Optimization: Streamlining operating expenses, especially in utilities and payroll, could improve overall profitability without major capital investment.
Long-Term Real Estate Appreciation: Owning valuable real estate in a potentially growing area ensures long-term capital appreciation, adding to the investment’s value over time
Financial Snapshot:
• Total Gross Sales (combined businesses and normalized): $6,078,974
• Gross Profit Margins
o Gas/C-Store = 33.35% (normalized)
o Auto Shop = 59.73% (actual/current)
• 2023 Total Inside Sales (Gas Station/C-Store): $940,452
• Fuel Gallons Sold (2023): 235,861
• 2023 Misc. Income (Gas station/c-store): $19,337

Property Facts

Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
Sale Type Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 4,854 SF
Total Land Area 2.63 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Adams Auto Service
901 Marlene Drive, Euless, TX 76040
Retail 3,200 SF 2008 -
Valero Gas Station
1600 W Euless Blvd, Euless, TX 76040
Retail 1,654 SF 1964 -
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  • Listing ID: 31587896

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 1600 W Euless & 901 Marlene Dr, Euless, TX

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