1201 Crawford StDenison, TX 75020

This exceptional value-add investment opportunity presents a 2,500 square foot convenience store with two buildings on a 0.28-acre lot in Denison, Texas. The property, built in 1994, features two gas pumps and is currently 100% occupied, generating a current NOI of $28,290 and a 2.40% cap rate. The pro-forma cap rate is projected at 4.72%. The property is zoned commercial and benefits from an absolute NNN lease type. The existing inventory is included in the sale price of $600,000 ($240/sq ft). The property consists of two buildings on three combined lots (1201 W Crawford, 1207 W Crawford, and 227 S Perry Ave), offering significant potential for expansion or repurposing. The additional building could be used as office space or for residential purposes. This multi-tenant property offers a strong return on investment with significant upside potential. The property's prime location ensures high visibility and accessibility, making it an ideal investment for both seasoned investors and entrepreneurs seeking a turnkey operation. The current occupancy date is May 30, 2023, with a remaining lease term of zero years, providing immediate control and flexibility for the new owner. The property's strong cash flow and potential for increased profitability make it a compelling investment opportunity in a growing market.