3011 3RD ST, Memphis, Tennessee, United States, 38109
2,500,000
for Sale
About the property:
A rare chance to acquire a brand-new (July 2025) Valero station on a high-traffic Memphis corridor. This turnkey 24/7 operation is generating $3.84M+ annualized revenue with significant upside, as beer/wine, lottery, and full EBT are not yet active. Verified performance includes 82Kâ99K+ monthly fuel gallons, $79Kâ$110K+ inside sales, 860+ daily customers, and $25Kâ$32K/month in hot food (47% attach rate, far above industry norms). Major upside: beer/wine (10-door cooler built), Tennessee lottery, and optimized EBT could add $250Kâ$460K+ annually. Includes three parcels with expansion potential (additional pumps). Brand-new ~2,440 SF store with modern POS, kitchen, canopy, and strong visibility at US Hwy 61 & Peebles Ave (43K+ population).
- Property Type:
- Commercial/Industrial
- Status:
- for Sale
- Acres:
- 13
- Square Feet:
- 13389
- Area:
- South Memphis/61 Hwy
- Heating Type:
- 0
- Miscellaneous:
- Security System
- Cross Street:
- 3RD
- Directions:
- Head toward Rufus Thomas Blvd Turn left onto S 4th St Turn right onto Gayoso Ave Turn right onto S Danny Thomas Blvd Turn right onto E E.H. Crump Blvd Turn left onto S Third St (pass Churchâs Texas Chicken) Turn right onto E Peebles Rd
- Is Cooler:
- Yes
- Is Food:
- Yes
- Is Industrial:
- Yes
- Is Misc:
- Yes
- Listing ID:
- 10234008
Rooms
Dimensions
Brokered by:
Fast Track Realty
Presented By: