2002 HIGHWAY 66, GARLAND, TX 75040

Homes for sale in Garland.

Homes for sale in 75040.


2002 Highway 66

Garland, TX 75040

Status of the property has changed, please contact for details

List Price$2,400,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21245296

3,401

Square Feet

1

Number of Units

Commercial

Type

About This Property

Exceptional opportunity to acquire a multi-use commercial property positioned on over 1.5 acres at the intersection of State Highway 66 and Centerville Road. This high-visibility corner benefits from significant daily traffic counts, with approximately 38,000 vehicles per day on Highway 66 and 27,000 vehicles per day on Centerville Road, offering outstanding exposure and accessibility. The property features a gas station with 6 pump islands featuring 12 gas and 2 diesel nozzles, convenience store, restaurant space, and carwash, presenting multiple established and potential income streams. While the current ownership has not fully optimized operations, the site offers substantial upside for an experienced operator or investor seeking value-add potential. Strategically located with close proximity to the President George Bush Turnpike, the property is well-positioned to capture both local and commuter traffic. The expansive site provides ample parking and flexible layout options to enhance tenant mix and operational efficiency. Investment Highlights- Signalized hard corner with high traffic counts; Over 1.5 acres with excellent street frontage and visibility; Multiple revenue streams- fuel sales, convenience retail, restaurant, and carwash; Value-add opportunity with underutilized operations; Potential for additional income through carwash lease, restaurant lease, gaming machines, and ATMs; Strong historical revenue with room for growth; Seller financing available. Listed below appraised value, this is a rare opportunity to reposition and maximize a well-located asset in a high-growth corridor.

Property Features

Location Information

County

Dallas

Subdivision

Exxon Centerville

Interior Features

Has Fireplace

No

Floors

Ceramic Tile

Heating

Electric

Tenant Pays

All Utilities

Cooling

Central Air

Total Number of Units

1

Exterior Features

Construction

Brick

Lot Size in Sq. Ft.

65,470

Foundation

Slab

Possible Best Use

Other, Restaurant, Retail

Roof

Flat

Zoning

Z05

Utilities

Septic Available, Water Available

Building Total Area (Sq. Ft.)

3,401

Parking Description

Additional Parking, On Site, Parking Lot

Road Description

City Street, Highway

Lot Size in Acres

1.503

Is One Story

No

Additional Information

Year Built Details

Preowned

Status

Active Under Contract

Property Type

COM

Tax Annual Amount

31106.0

Property SubType

Business

Exclusions

All inventory

Year Built

1997

Lot Acres Source

Public Records

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Mortgage Calculator

$11,208

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$8,648

Monthly Tax

$2,000

Monthly Insurance

$560

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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