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33795521
33795520

7830 FM 646 Rd, Santa Fe, TX 77510

JM
TX 842533
Realm Real Estate Professionals
Listed by Realm Real Estate Professionals
$2,600,000
5 days on market
Updated 5 days ago

Sunoco C-Store & Fuel Station

Details
Property Type Retail, Land (+1)
Sub Type Grocery Store, Commercial (+1)
Square Footage 2,000
Units 1
Occupancy 100%
Tenancy Single
Brand/Tenant Sunoco
Class C
Year Built 1968
Year Renovated 2022, 2023
Acreage 0.620
Zoning Commercial (Verify with City of Santa Fe)
Parking Spaces 15 spaces
Parking Per SqFt 7.50
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No
Sale Condition 1031 exchange

Turnkey Sunoco C-Store & Fuel Station on a Hard Corner — $1.08M Inside Sales

Marketing description

REALM Real Estate Professionals is pleased to present a rare opportunity to acquire a Sunoco-branded convenience store and fuel station on a hard corner along the FM 646 corridor in Santa Fe, Texas (Galveston County). Offered as a going concern — real estate plus the operating business — this is a merchandise-driven store generating approximately $1.08 million in annual inside sales (~$90,000/month), supported by fuel and multiple ancillary income streams.

The asset was recently de-risked. Per TCEQ records, the three legacy 1980 single-wall steel tanks were removed from the ground in February 2021 and replaced with a new 30,000-gallon, three-compartment double-wall (jacketed steel) underground storage tank system (20,000 gal gasoline / 5,000 gal diesel / 5,000 gal gasoline) with automatic tank gauging, interstitial monitoring, and external groundwater monitoring. This removes the single largest environmental and capital risk in a c-store acquisition and supports a clean Phase II. Equipment is similarly current — 4 multi-product dispensers (up to 8 fueling positions), new HVAC, and new cooler doors — making the operation truly turnkey with minimal day-one reinvestment.

Income is diversified well beyond fuel. In addition to ~$1.08M in inside sales, the store generates roughly $78,000 per year in ancillary income from ATM, lottery, and amusement, and carries a strong retail mix including Hunt Brothers Pizza foodservice, a branded beer cave, tobacco, live bait, propane exchange, and automotive. A Sunoco branded fuel-supply agreement is in place through 2030 (~4 years remaining), and current fuel volume of ~20,000 gallons/month leaves clear, achievable upside through pricing, loyalty, and signage.

The Property sits on a 0.62-acre hard corner with pylon signage, an on-site private water well, and low flood exposure (FEMA Zone C & X, outside the Special Flood Hazard Area). It serves an affluent, growing trade area — approximately $97K–$102K median household income within 1–3 miles and ~4%+ projected population growth — between the Houston metro and the Galveston/Gulf Coast.

Detailed financials (P&L and fuel margins), tank and TCEQ records, and equipment documentation are available to qualified buyers upon execution of a Confidentiality Agreement. All inquiries should be directed to the listing broker; please do not contact site staff or ownership directly.

Investment highlights

  • Going-concern sale — real estate + operating business; Sunoco-branded C-store & fuel station on a hard corner at FM 646 & 33rd Street
  • ~$1.08M annual inside sales (~$90K/month) — strong, merchandise-driven cash flow, not reliant on fuel margin alone
  • 2021 double-wall UST system — legacy 1980 single-wall steel tanks removed and replaced with a 30,000-gal, 3-compartment double-wall tank; supports a clean Phase II and stronger financing/insurance
  • Sunoco fuel-supply agreement through 2030 (~4 years remaining); diesel offered
  • Diversified income streams — Hunt Brothers Pizza foodservice, beer cave, tobacco, lottery, live bait, propane, auto, plus ATM and amusement (~$78K/yr ancillary)
  • Turnkey, low deferred capex — 4 MPDs (up to 8 fueling positions), new HVAC, new cooler doors, pylon signage, on-site private water well
  • Built-in fuel upside — ~20,000 gal/month today leaves clear room to grow gallons via pricing, loyalty, and signage
  • Low risk profile — FEMA Zone C & X (outside the Special Flood Hazard Area), in an affluent, growing Galveston County trade area (~$97K–$102K median HH income, ~4%+ projected growth)

Listing Contacts

JM
TX 842533
Realm Real Estate Professionals
Listed by Realm Real Estate Professionals

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Additional Information

Name
Jisan Makanojiya
License
842533
Brokerage
REALM Real Estate Proffesionals
Brokerage Phone
2817823658
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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