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For sale

Retail

MS

Olive Branch
Truck Stop
NBG 3 UNIT MS
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3 Brand New Truck Stop In Prime Locations For Sale In MS

New to the market are three truck stops that are currently under construction and should be completed in one month. The seller is offering each truck stop $5,000,000 with a fuel contract attached from a major franchise. These 3 truck stops today couldn't be built for under $7 million, with the real estate alone valued at over $1 million. Now factor in the construction above-ground cost ($3 million), which has doubled along with the material in the last 2 years. There is also the underground construction, pumps, tanks, canopy parking lot, etc., costing $2 million. The seller is selling these truck stops at cost, with the new buyer getting a brand new truck stop at the end of the day at cost. If you are looking for an investment and not looking to operate, here are the facts: $500-$600,000 key money, with the rents starting at $40–45,000 triple net (NNN) lease for 15 years. We have tenants willing to lease right away; the choice is yours. Projection sales based on traffic and demographics at all 3 truck stops are as follows: $150,000 inside sales, 150,000–200,000 gallons outside. There are also other storefronts added to the building for rental income, with one truck stop having three separate stores for lease. These 3 locations have already been pre approved for lending, so shop with confidence and make an offer.

Address 
Status
Active
City
Olive Branch
County 
Desoto
State 
Mississippi
Zip code 
38654
Details 
Property Type
Retail
Subtype
Truck Stop
Brand 
Branded
Tanks Type 
DFW
Fuel Contract 
Yes
MPD
62
Financial
Monthly Store sales
Lease Type 
None
None
Lottery
None
Lease Term 
None
Monthly Gallons 
Pool Margin
None
None
Rent   
Asking Price  
$15,000,000
None
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