Strip Mall with Gas Station and Convenience Store in Memphis, TN

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Financial Details

Asking Price:
$3,500,000
Profit Metric:
Cash Flow
Location:
Memphis, TN, US
Source:
Date:
September 15, 2025

Key Highlights

Prime location in a busy strip mall with high local traffic.
Includes a recently branded gas station, convenience store, and 5 rented store fronts with long-term triple net leases.
Property and business offered together with the option for the new owner to operate the gas station and C-store.

Description

This listing presents a comprehensive business opportunity in Memphis, TN, featuring a recently branded gas station, a convenience store, and a strip mall with five rented storefronts. The property is offered with real estate included, providing a stable income stream from existing tenants on long-term triple net leases, generating $20,000 per month in rent. The new owner has the flexibility to operate the gas station and convenience store themselves, with a fuel contract already in place. Environmental conditions are reported as good, with no historical issues. This is a turnkey operation with significant potential for a new owner-operator or investor.

Industry Information

Industry Description:
Gas Stations, Truck Stops, Petrol Stations
Classification:
Transportation & Storage

Real Estate & Lease

Status:
Included

Listing Details

Listing ID:
57b4561b-7c6f-4930-a296-d4161775c91d
Deal Status:
For Sale
Date Posted:
May 08, 2024
Last Updated:
September 15, 2025
Currency:
USD