CrossRoads Valero - Convenience Store, Gas Station, Carwash
Property Description
Retail Hard Corner with Land
The CrossRoads Valero was formerly an Independent fueling station with drive-through C-store, 5-Bay Self Serve Coin Carwash with other Retail/Office space and Land. The property was purchased by the current Owners in 2020 and completely underwent a transformation with upgrades throughout the improvements and grounds. The carwash equipment was completely updated with new equipment/hoses/vacuums and canopy. The main building was completely renovated with exterior façade, awnings, lighting and signage. The drive-through C-store was enhanced with foam insulation, new flooring, upgraded 14-door reach-in dispenser cooler, new air conditioning, vending/beverage counters, register counters and gondola displays.
The Valero branding for the high-visibility and high-traffic location brought new signage, new canopy/lighting and new Wayne fuel dispensers. Fuel is distributed through a 3-compartment 20,000gal. UST (Underground Storage Tank) registered with TCEQ and Inspected by TCEQ in December of 2023. All fuel monitoring systems were upgraded and all new wireless reporting systems were installed. Contract with Valero is a 50,000gal. per month delivery and the facility has met or exceeded this amount for the trailing 12-month period.
Inside store sales are exemplary and can be disclosed with a valid Letter of Intent to Purchase or Contract. The property also enjoys additional rental spaces that are on 3-year terms with annualized escalation provisions and CAM participation with very good Tenants. Other areas on the property serve as food-truck/trailer vending locations (also under Lease agreements) and open tree covered areas for picnic and/or venue expansion for outside entertaining.
This is truly a unique profitable business with much room for expansion and vision. The CrossRoads Valero is located along SH-16 which is a major corridor between the San Antonio MSA and Bandera, Texas (considered to be the Cowboy Capital of the World). High daily traffic counts are attributed to thriving business along the corridor as well as constant daily traffic from visitors to the Bandera area. The property is positioned along the northwest hard-corner of SH-16 and Polly Peak/Kings Ranch Road. This is a traffic-signaled intersection and serves as the namesake of the property "CrossRoads".
If you are seeking an excellent opportunity to own a branded C-store with excellent fuel and inside C-store sales coupled with Retail Tenants, Coin Self-Serve 5-Bay Carwash then this should be on your short-list. The property is comprised of all stated above and sits on just over 4.6-Acres of land. Inventory will be added to the sales price at time of closing. This is a Sale Only offering and no Lease will be considered on the C-store.
The Valero branding for the high-visibility and high-traffic location brought new signage, new canopy/lighting and new Wayne fuel dispensers. Fuel is distributed through a 3-compartment 20,000gal. UST (Underground Storage Tank) registered with TCEQ and Inspected by TCEQ in December of 2023. All fuel monitoring systems were upgraded and all new wireless reporting systems were installed. Contract with Valero is a 50,000gal. per month delivery and the facility has met or exceeded this amount for the trailing 12-month period.
Inside store sales are exemplary and can be disclosed with a valid Letter of Intent to Purchase or Contract. The property also enjoys additional rental spaces that are on 3-year terms with annualized escalation provisions and CAM participation with very good Tenants. Other areas on the property serve as food-truck/trailer vending locations (also under Lease agreements) and open tree covered areas for picnic and/or venue expansion for outside entertaining.
This is truly a unique profitable business with much room for expansion and vision. The CrossRoads Valero is located along SH-16 which is a major corridor between the San Antonio MSA and Bandera, Texas (considered to be the Cowboy Capital of the World). High daily traffic counts are attributed to thriving business along the corridor as well as constant daily traffic from visitors to the Bandera area. The property is positioned along the northwest hard-corner of SH-16 and Polly Peak/Kings Ranch Road. This is a traffic-signaled intersection and serves as the namesake of the property "CrossRoads".
If you are seeking an excellent opportunity to own a branded C-store with excellent fuel and inside C-store sales coupled with Retail Tenants, Coin Self-Serve 5-Bay Carwash then this should be on your short-list. The property is comprised of all stated above and sits on just over 4.6-Acres of land. Inventory will be added to the sales price at time of closing. This is a Sale Only offering and no Lease will be considered on the C-store.
About the Property
- Type
- Retail
- Building Status
- Established
- Facilities & Assets
- The CrossRoads Valero location is a hard-corner property along the SH-16 corridor in the northwest sector of the San Antonio outlying MSA. The facility is comprised of a 4,900sf main building which is made up of a 1,700sf Office/Retail Space and 3,200sf of a drive-through Convenience Store with Drive-Through service. Additional improvements include a 5-Bay Self Serve Coin Carwash. A separate 1,200sf building has been leased to a local plumbing company on a 3-year lease. An area also on the property has been leased to an equipment rental company.
- Location Description
- The property enjoys high daily traffic counts along the SH-16 corridor as well as tertiary traffic with the large surrounding neighborhoods/subdivisions. The area is also comprised of numerous RV Parks whom yield additional traffic. The location is the only traffic-signaled intersection between Pipe Creek, Texas and Bandera, Texas along the SH-16 corridor. Thus, the appeal of the property has a captive patron consistency. Further, the location offers open spaces under magnificent Oak Trees for other entertainment venue(s).
- Current and Prior Use
- Prior use of the property was an Independent C-store/gas station with retail. The current Owners took the property over in 2020 after the facility had been closed for nearly 3-years. The Owners have taken great steps to remodel and revamp the facilities and grounds to enhance the overall appearance and functionality of the location. Offering a full convenience store with drive-through feature and multi-tenant lease revenue, the property is positioned to afford a new Owner/Operator with a spectacular platform to enhance further.
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Financing
- Cash & Conventional Only (Some Seller Financing may be Available)
- Current Property Expenses
- Expenses for the property include, taxes, insurance, pollution insurance, grounds maintenance and electrical/high-speed internet. Full disclosure of Income/Expenses shall be provided upon acceptance of a qualified Letter of Intent or Purchase and Sale Agreement.
Listing Info
- ID:
- 2037867
- Listing Views:
- 10888
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2037867 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
