For Sale
$7,000,000

I-40 Exit 359Lupton, AZ 86508

High-traffic, mixed-use investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property, located at I-40 Exit 359 in Lupton, Arizona, presents a compelling investment opportunity. Situated on 8.06 acres at a high-traffic intersection on the Arizona/New Mexico border, this established business boasts 25,000 square feet of commercial space. The property includes a convenience store, gas station with 16 pumps (including 6 multi-petroleum dispensers for passenger vehicles), and a restaurant, all operating at 100% occupancy. The five buildings are currently configured to serve the needs of long-haul truckers and passenger vehicles, as well as the local Native American population (Navajo, Zuni, and Hopi nations). The property benefits from high visibility and easy access, with a daily vehicle count of 19,000. The asking price is $7,000,000, and the property is offered fee simple. The current configuration offers immediate income, while the significant lot size and strategic location present substantial potential for redevelopment and expansion, including opportunities for build-to-suit, joint ventures, and ground leases. This property is ideal for investors seeking a stabilized investment with significant upside potential in a high-growth area. The property's location on a major interstate highway ensures consistent traffic and revenue generation. The existing infrastructure provides a solid foundation for future development and expansion, catering to the needs of both local residents and travelers.

Highlights

  • 8.06-acre mixed-use property at I-40 Exit 359 in Lupton, Arizona, on the Arizona/New Mexico border.
  • 25,000 square feet of commercial space, including a convenience store, gas station with 16 pumps (6 multi-petroleum dispensers), and a restaurant; currently 100% occupied.
  • High-traffic location with 19,000 daily vehicle count, serving truckers, passenger vehicles, and the local Native American population.
  • $7,000,000 asking price, fee simple ownership; potential for redevelopment, build-to-suit, joint ventures, and ground leases.

Property Details for I-40 Exit 359

Property type
Retail properties, Restaurants
Square Feet
25,000 SF
Buildings
5
Lot Size (sq. ft)
351,094 SF
Units
5

Location Insight

City
Lupton
County
Apache
State
Arizona
Latitude
35.36279153516
Longitude
-109.04859877166
I-40 Exit 359, Lupton, Arizona

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I-40 Exit 359
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