1755 North SR 318

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Great investment property in rural area that is quickly being discovered by the outside market!  The commercial property is comprised of 2 parcels totaling 16 acres situated against the Ward Mountain range to east and the farming community of Preston to the west.  Preston Truck Center is a full-service truck shop with a 15 room motel complete with managers quarters and laundry facility.  The Convenience store and restaurant have been recently remodeled to include new seating, breakfast counter, custom finished concrete floors and a rock fireplace that offers a welcoming ambience.  There is a gas station with three credit card activated pumps and certified truck scales.  Also on the property are 3 large industrial buildings totaling 10,964 square feet, lots of equipment and truck repair business/tire shop.  This property is located on Highway 318 just north of Lund about 30 miles from Ely.  This is a major and most direct truck route from Mexico the Canada making Preston Truck Stop a perfect place for truckers and travelers to stop.  The annual average daily traffic count along Highway 318 increased from 1,200 in 2011 to nearly double that at 2,200 in 2019.  Currently at a 10% cap rate, the financials easily support the asking price with plenty of room to grow this business.  This property is truly an investment you can’t pass up.

Price:$1,100,000.00
Address:1755 North SR 318
City:Lund
State:NV
Zip Code:89317
Year Built:1978
Acres:16
Property Type:Commercial

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