1815 Mount Houston RdHouston, TX 77038

For Sale
$2,500,000

7,336 SF Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a combined convenience store and auto shop totaling approximately 7,336 square feet, situated on a 2.44-acre lot in Houston, Texas. The property boasts a prime location at the signalized intersection of West Mount Houston Road and Ella Boulevard, offering excellent visibility and accessibility. The convenience store, a well-established business operating for over 20 years, currently generates approximately $70,000 in monthly revenue (excluding lottery sales), with an estimated fuel volume of 15,000-20,000 gallons per month. The existing tenant pays $5,200 in monthly rent and has 14 months remaining on their lease, expressing interest in renewal or potential purchase. The auto shop operates on a month-to-month lease at $4,200 per month. The property includes two fiberglass fuel tanks (10,000 and 12,000 gallons) installed in 1993 and four Gilbarco MPDs (2010). There is no existing fuel supply agreement, presenting a unique opportunity for the new owner to negotiate favorable terms with fuel suppliers, potentially increasing sales volume through branding and upgrades. The property also features over 40,000 square feet of vacant land, allowing for future development potential. Located approximately 1.2 miles from I-45, this property benefits from high traffic counts and proximity to a large public school complex under construction across the street. Note that the property is located in the 100-year floodplain (per FEMA) and the 2023 Harris County and Aldine ISD tax rate is $2.05 per $100 of assessed value. The asking price is $2,500,000.

Highlights

  • 7,336 SF convenience store & auto repair shop on 2.44 acres at signalized intersection of W. Mount Houston Rd & Ella Blvd, with over 40,000 SF of vacant land.
  • Established convenience store tenant (20+ years), paying $5,200/month with 14 months remaining on lease; tenant interested in renewal or purchase.
  • High-growth area with new public & private developments, including a large public school complex across the street.
  • Convenience store generates ~$70,000/month in revenue (excluding lottery), with strong margins.
  • Convenience store fuel sales estimated at 15,000-20,000 gallons/month.
  • No fuel supply agreement; opportunity for new owner to negotiate favorable terms, branding, incentives, and upgrades.

Property Details for 1815 Mount Houston Rd

Property type
Other retail properties, Automotive properties
Square Feet
7,336 SF
Lot Size (sq. ft)
106,286 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.8972276
Longitude
-95.4318829
1815 Mount Houston Rd, Houston, Texas

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1815 Mount Houston Rd
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