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Commercial For sale Convenience Stores and Gas Station Gas Station/C-Store

High-Yield Gas Station & C-Store For Sale | Tunica, MS ($1.5M | 11.20% Cap Rate)

1364 Edwards Ave, Tunica, Mississippi 38676

$1,500,000
$481 / sq ft 11.2% cap rate Listed 27 days ago
3,120 sqft
Building
0 acres
Lot
1927
Built
1
Stories
5
Parking
1
Units

About this property

High-Yield Gas Station & C-Store For Sale | Tunica, MS ($1.5M | 11.20% Cap Rate) is a convenience stores and gas station for sale in Tunica, Mississippi, listed at $1,500,000. Key details: year built 1927, building size 3,120 sqft, lot size 0 acres, stories 1. Listed by Kavita Purohit of River Brokers on LoopingCloud and last updated October 20, 2026.

High-Volume Gas Station, Deli & Commercial Real Estate For Sale: 1364 Edwards Avenue, Tunica, MS

Offering an exceptional 11.20% Cap Rate backed by high retail profit margins, zero fuel credit card fees, and a newly reduced asking price, 1364 Edwards Avenue, Tunica, MS 38676 represents a premier commercial acquisition in Tunica County. Offered at a reduced price of $1,500,000 (plus inventory at cost), this turn-key business and fee-simple real estate package generates a stabilized $168,000 Net Operating Income (NOI) on a 3,120-square-foot commercial facility sitting on a 0.27-acre lot.

Currently operated absentee by a seller planning to return to his home country (visiting the location only once per week), the business nets over $14,000 per month after covering all operating expenses and an intensive $12,000 monthly employee payroll. An active hands-on owner-operator replacing management overhead can immediately capture over $20,000 per month ($240,000+ annually) while taking advantage of high-margin summer retail spikes and 100% tax bonus depreciation benefits.

Financial Performance & Property Specifications

  • Reduced Asking Price: $1,500,000 (Fee-Simple Commercial Real Estate Property + Operating Business Value)

  • Cap Rate: 11.20% Cap Rate

  • Net Operating Income (NOI): $168,000 / Year

  • Building Size & Subtype: 3,120 SF Commercial C-Store & Service Station (Class C / Built 1927)

  • Price Per Square Foot: $480.77 / SF

  • Land Area & Frontage: 0.27 Acres | 46 Feet Direct Frontage on Edwards Avenue Corridor

  • Monthly Inside Store Sales: $70,000 / Month Average (At High 35% Profit Margins)

  • Summer Peak Inside Sales: $90,000 / Month Average during peak summer months

  • Monthly Hot Deli Revenue: ~$15,000 / Month (Fully equipped kitchen with vent-a-hood, commercial grill, and salad bar)

  • Monthly Outside Fuel Volume: 32,000 Gallons / Month at 18 Cents / Gallon Margin (~$5,700 / Month Gas Profit)

  • Jobber Contract Terms: 50/50 Commission Split with ~16 Years Remaining ($0 Credit Card Processing Fees & $0 Fuel Equipment Maintenance Costs for Seller)

  • Passive Auxiliary Income: $1,000 / Month Combined from ATM & Air Machine Commissions

  • Absentee Net Monthly Profit: $14,000+ / Month (Net of $12,000 Management Payroll)

  • Owner-Operator Net Cash Flow Potential: $20,000+ / Month ($240,000+ Annually)

  • Broker Representation: River Brokers — Direct Contact: (770) 664-9999 | info@riverbrokers.com

Substantial Growth Catalysts & Operational Upside

Engineered for immediate bottom-line expansion under focused management:

  • Mississippi Lottery Activation: The store currently does not sell lottery products. Adding Mississippi Lottery scratch-offs and draw games will drive instant daily foot traffic and boost inside impulse grocery sales.

  • Full Kitchen & Hot Deli Expansion: Equipped with a full commercial kitchen (vent-a-hood, grill, salad bar), expanding breakfast, lunch, and late-night food items will capture high-margin food sales in a market with limited local restaurant competition.

  • Hands-On Payroll Optimization: An owner-operator can replace or optimize the current $15/hour management team, drastically lowering payroll burden while boosting store merchandising and cleanliness.

Strategic Tunica Market & Casino Corridor Location

Situated along a major Mid-South gaming and commuter artery:

  • High-Traffic Casino Corridor Access: Positioned with direct accessibility to US-61, capturing steady local commuter traffic and strong regional flow headed to the world-famous Tunica Casino District (one of the largest gaming destinations in the Mid-South).

  • Limited Local Dining Competition: Local restaurant choices are sparse in the immediate area (Subway, Waffle House, Church's Chicken, Blue & White Restaurant), driving nearby residents, workers, and commuters directly to the store's hot deli counter.

  • Proximity to Civic Anchors & Hospitality: Located near Tunica Elementary School and Rosa Fort High School (serving ~2,000 students and staff) as well as regional hotel hubs (Royal Inn & Suites, Days Inn by Wyndham Tunica Resorts).

  • Solid Regional Household Base: Serves an established local trade area with a median household income exceeding $48,000 and a 4+ star Google customer rating.

  • Strategic Mid-South Regional Connectivity: Located under 40 minutes from Southaven, MS; less than 1 hour from Downtown Memphis, TN; and 3 hours from Jackson, MS.

Whether you are a commercial real estate investor seeking an 11.20% Cap Rate asset, a gas station operator wanting zero-fee fuel terms, or an owner-operator seeking $240,000+ in annual net cash flow, 1364 Edwards Avenue delivers yield, real estate backing, and undeniable upside.

Key highlights

  • Occupied
  • Net Lease Investment

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
1927
Building Size
3,120 sqft
Lot Size
0 acres
Stories
1
Parking Spaces
5
Total Units
1
Building Class
Class C
Occupied
Yes
Occupancy
100%
Property Status
Normal Sale
Building Status
Existing
Net Lease Investment
Yes

Pricing details

Net Operating Income
$168,000
Financing
Third Party Financing
Investment Property
Active investment property
Business Available for Sale
Yes
Business Price Included
Yes

Investment snapshot

11.2%
Cap rate
$168,000
Net operating income
$481
Price per sq ft

Actual - Cash Flow

Source: Yearly tax returns

Gross incomeNet operating income
$0$50K$100K$150K$200KGross income -Net operating income $168,0002026
YearGross incomeEffective grossExpensesNOIPre-tax cash flowCap rate
2026---$168,000--

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $1,500,000 11.2% - - -

Features and amenities

Highlights

  • High-Yield 11.20% Cap Rate: Delivers a stabilized $168,000 Net Operating Income (NOI) on a newly reduced $1,500,000 asking price for both the operating business and real estate property.
  • High-Margin Inside & Deli Sales: Inside sales average $70,000/month at a strong 35% margin (peaking at $90,000/month during summer), backed by a fully equipped commercial kitchen generating $15,000/month in hot deli sales.
  • Zero Fuel Processing Fees or Maintenance Costs: 50/50 commission jobber contract (~16 years remaining) means the seller pays $0 in credit card processing fees and $0 for fuel equipment maintenance/repairs.
  • Proven Absentee Net Income ($14,000+/Mo): Seller visits only once a week and nets over $14,000/month after paying $12,000 in monthly management payroll (increasing to $20,000+/month or $240,000+/year for an owner-operator).
  • Immediate Mississippi Lottery Expansion Upside: Huge growth potential by introducing Mississippi Lottery sales (currently not offered), expanding the hot food menu, and capturing gaming/casino corridor traffic along US-61.

Location

Address as shown by the lister.

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About this area - Tunica

Population
6,584
Housing units
2,627
Land area
142.7 sq mi
County
Tunica

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Frequently asked questions

What is the asking price of High-Yield Gas Station & C-Store For Sale | Tunica, MS ($1.5M | 11.20% Cap Rate)?

High-Yield Gas Station & C-Store For Sale | Tunica, MS ($1.5M | 11.20% Cap Rate) is listed at $1,500,000. That works out to about $481 per square foot. The stated cap rate is 11.2%.

Where is High-Yield Gas Station & C-Store For Sale | Tunica, MS ($1.5M | 11.20% Cap Rate) located?

The property is in 1364 Edwards Ave, Tunica, Mississippi 38676, Tunica County.

What type of property is this?

This is a convenience stores and gas station for sale in the commercial category.

How big is the property?

The building is 3,120 sqft. The lot is 0 acres.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Kavita Purohit of River Brokers listed this property. Use the Request Info button to send a message or call (770) 415-9940.

When was this listing published?

It was published on October 15, 2026 and last updated on October 20, 2026.

Listing information

Listing ID
CL-Mississippi-28746
Published
Oct 15, 2026
Last updated
Oct 20, 2026

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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