12400 Gessner RdHouston, TX 77071

For Sale
$1,600,000

High-traffic location, strong income.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a +/- 2,725 square foot convenience store and gas station situated on a +/- 0.7-acre lot at the signalized intersection of South Gessner Road and West Airport Boulevard in Houston, Texas. The property boasts excellent visibility and is less than half a mile from the Sam Houston Tollway, ensuring high traffic volume. Currently, the convenience store tenant pays $6,600 per month, with a lease term of three years remaining and a five-year option available. The owner reports estimated monthly inside sales of $65,000 (excluding lottery sales) and estimated monthly outside fuel sales of 35,000-40,000 gallons. There is no existing fuel supply agreement, offering a new owner the flexibility to negotiate new fuel contracts, branding opportunities, and potential incentives to increase sales volume. The property includes three fiberglass fuel tanks (6,000, 8,000, and 12,000 gallons) installed in 1996 and four Gilbarco MP3s (2017). Located in Harris County within the Houston ISD, the property benefits from a 2023 total tax rate of $2.12 per $100 of assessed value. The asking price is $1,600,000, representing a price per square foot of $587.16. This is a prime retail investment with significant income potential and operational flexibility. The property is zoned for retail use and is located at 12400 S Gessner Rd, Houston, TX 77071.

Highlights

  • 2,725 SF convenience store on a 0.70-acre lot at the signalized intersection of South Gessner Drive and West Airport Blvd.
  • No existing fuel supply agreement; opportunity for new owner to negotiate fuel supply, branding, and incentives to increase sales.
  • Current tenant pays $6,600/month with three years remaining on the lease, plus a five-year option.
  • Estimated monthly inside sales of $65,000 (excluding lottery).
  • Estimated monthly fuel sales of 35,000-40,000 gallons.
  • Three fiberglass fuel tanks (6,000, 8,000, and 12,000 gallons) installed in 1996.

Property Details for 12400 Gessner Rd

Property type
Other retail properties, Automotive properties
Square Feet
2,725 SF
Lot Size (sq. ft)
30,492 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.6417968
Longitude
-95.5286178
12400 Gessner Rd, Houston, Texas

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12400 Gessner Rd
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