2002 Highway 66, Garland, TX 75040
2002 Highway 66, Garland, TX 75040
2002 Highway 66, Garland, TX 75040
2002 Highway 66, Garland, TX 75040
2002 Highway 66, Garland, TX 75040
2002 Highway 66, Garland, TX 75040
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$ 2,400,000
Est. payment | /mo

3,401 SqFt


$ 2,400,000
Est. payment | /mo

3,401 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,401 sqft

Subdivision Exxon Centerville

MLS Listing ID 21245296

Total Fin. Sqft 3401

Year Built 1997

Annual Tax Amount $31,106

Lot Size 1.503 Acres

Acres 1.503

Property Sub-Type Business

Property Description

Exceptional opportunity to acquire a multi-use commercial property positioned on over 1.5 acres at the intersection of State Highway 66 and Centerville Road. This high-visibility corner benefits from significant daily traffic counts, with approximately 38,000 vehicles per day on Highway 66 and 27,000 vehicles per day on Centerville Road, offering outstanding exposure and accessibility.

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

Heat Source Electric

Exterior

Utilities Available City Water, Concrete, Septic

Roof Type Flat

Garage No

Building

Foundation Slab

Structure Type Brick

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry

Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21245296

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by JP Findley • Compass RE Texas, LLC

NEARBY SCHOOL & BUSINESS

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2002 Highway 66