CBRE I Bowie's Travel Center
High Margins & Low Competition
Marketing description
CBRE is excited to offer a premier investment opportunity to acquire the real estate and business operations of the Bowie’s Travel Center, located just outside Abilene, Texas, at 3049 US-83, Tuscola, Texas. Constructed in 2023, this modern facility spans over 7 acres or 304,920 square feet. Strategically positioned with no direct competition, Bowie’s Travel Center combines strong performance potential, expansive land, and a prime location with high visibility. This property is an exceptional addition for investors seeking a high-volume asset with the opportunity for margin control. The 5 acres to the right of this location have gone under contract with a national retail brand and development is excepted to begin shortly.
Investment highlights
Strategic Location with High Traffic Count:
Bowie's Travel Center in Tuscola, Texas, is strategically situated without any nearby competition, capitalizing on a high traffic count exceeding 11,500 vehicles a day. This dual advantage ensures optimal visibility, a constant stream of customers, and the opportunity to capture higher margins on fuel. A national retail tenant is currently under contract on the 5 acres to the right of the site.
Financial Projections and Population Growth:
This Bowie’s location forecasts an impressive ProForma in which it is already exceeding in inside sales. There is also room for additional income opportunities, such as lottery, liquor sales, and EV chargers. Population has increased 4.82% since 2020.
Modern Infrastructure:
Developed in 2023, this state-of-the-art travel center incorporates contemporary features, including walk-in freezers, brand-new fueling equipment, and a kitchen equipped with a drive-through lane. The recent construction ensures a modern and attractive environment, exceeding the current market standards and enhancing its appeal for both truckers and travelers.
Investment Potential:
Standing out as a compelling investment opportunity, combining a strategic location, high traffic flow, robust IMST projections, anticipated population growth, and a modern infrastructure. Positioning this truck stop as a solid choice for investors seeking growth and profitability in the thriving truck stop industry, making it a promising and well-rounded investment in the Texas market.
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