Brand New Build Truck Stop $3.8 MM For Sale

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.