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For sale

Retail

MS

Olive Branch
Truck Stop
NBG 9200 MS
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Brand New Build Truck Stop $3.8 MM For Sale In Olive Branch, MS

Looking to add a truck stop to your portfolio? Look no more; this station is the one. Brand new build with no expense spared, this truck stop will have a 3,000-square-foot convenience store with two additional storefronts for rental income. Everything will be new—tanks, pumps, canopies, etc.—and ready to start making money in weeks, not months. The truck stop is being built on 3 acres of prime real estate with nothing but traffic all day and is positioned on a corner lot. This station is the only truck stop in this area, with projected sales of over 300,000 gallons a month. The seller is a real estate mogul with over 90 stations built from the ground up and all doing well; some stations he runs, others he sells to keep building. You can't build something like this for under $5,000,000, so here is your chance to buy this one at cost. The seller is looking to sell this one on the cheap to keep building and flipping; he has other projects totaling 15 going on in this state. All site plans in hand for the right qualified buyer to see—what makes you the right qualified buyer, you ask? 20–30% are needed to obtain financing, which we have in place; this truck stop has already been pre-approved for financing. Our lender offers SBA 10.75% to 13.25% with 20% down (we don't recommend). 30% down on conventional lending 6.5% to 7.8% (recommended), with both methods having the same terms of 15–30 years. We offer our lender because we can control the deal from start to finish in 45 days until closing; it's that fast.

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 
No
MPD
15
Financial
Monthly Store sales
Lease Type 
None
None
Lottery
None
Lease Term 
None
Monthly Gallons 
Pool Margin
.20
None
Rent   
Asking Price  
$3,800,000
None
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