A brand-new food truck facility spanning two adjacent lots at 2912 & 2914 Avenue R 1/2, Galveston, TX. Just opened in November 2025, this turnkey commercial investment is fully built out and ready to generate strong, predictable income. Property HighlightsTwo side-by-side lotsUp to 5 food trucks per lot 10 totalZoning: HDDZ-CommAll utilities in place: Electric, water, and sewer / Newly developed facility with modern infrastructure / Ideal location for Galveston s growing food truck and tourism marketPro Forma FinancialsRental Income: $1,500 per truck x 10 = $15,000/monthEstimated Expenses: $3,000/month (electricity, water & sewer)Net Operating Income: $12,000/monthAnnual NOI: $144,000Pro Forma Cap Rate: 14.5%This is a rare opportunity to acquire a newly opened, high-cap-rate commercial asset in a strong coastal market with built-in demand and scalability. Perfect for investors seeking ...
A brand-new food truck facility spanning two adjacent lots at 2912 & 2914 Avenue R 1/2, Galveston, TX. Just opened in November 2025, this turnkey commercial investment is fully built out and ready to generate strong, predictable income. Property HighlightsTwo side-by-side lotsUp to 5 food trucks per lot 10 totalZoning: HDDZ-CommAll utilities in place: Electric, water, and sewer / Newly developed facility with modern infrastructure / Ideal location for Galveston s growing food truck and tourism marketPro Forma FinancialsRental Income: $1,500 per truck x 10 = $15,000/monthEstimated Expenses: $3,000/month (electricity, water & sewer)Net Operating Income: $12,000/monthAnnual NOI: $144,000Pro Forma Cap Rate: 14.5%This is a rare opportunity to acquire a newly opened, high-cap-rate commercial asset in a strong coastal market with built-in demand and scalability. Perfect for investors seeking cash flow, minimal deferred maintenance, and long-term upside.
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Research Parcel InformationFrom I-45 S to Galveston, turn right onto 29th St., turn right onto Avenue R 1/2, lots will be on the right.