17285 S Interstate Highway 35
Dilley, TX 78017
Tex-Best Travel Center · Retail Property For Sale

The subject investment is a Tex-Best Travel Center located at 17285 South Interstate 35, Dilley, Texas. The property is branded as a Mobil gas station and a Burger King restaurant. The building consists of 11,000 square feet and sits on approximately 3.37 acres of land. The tenant on the lease is Travel Center Properties, LLC, which operates more than 30 gas stations, convenience stores, and truck stops throughout the state of Texas as well as six wholesale dealers. The tenant has been recognized as a Leader in Excellence by ExxonMobil, which is an award given to the top 50 out of ExxonMobil's 500 distributors nationwide. 2016 was the 15th out of 16 years that the tenant has received this prestigious award. Additionally, Hart Restaurant Management No. 3, Inc, which is a subsidiary of Sun Holdings, LLC is the licensee that operates the Burger King within the travel center. Sun Holdings operates over 255 Burger King restaurants and over 500 restaurant chains in total. Lastly, there is a personal guarantee from Carlos Garza, Cynthia Garza, and Sandra Garza who are the gas station operators. Travel Center Properties, LLC doing business as Tex-Best Travel Centers Incorporated operates more than 30 ExxonMobil convenience stores, interstate travel stops, and wholesale dealers throughout Texas. The company has won numerous awards from Burger King, Conoco and Exxon for development and operations excellence. They are one of Exxon's largest distributors in Texas and the CEO, Carlos Garza, is currently the chairman of the Exxon National Jobber Council. Tex-Best Travel Centers Inc. is part of a nearly hundred-year-old family legacy that began back in 1919 when Fred Phillips Sr. became a Texaco agent and began selling kerosene from a rail car in McAllen, Texas. He went on to become the consignee for the cities of McAllen, Pharr, and Hidalgo, serving the community as a wholesale representative of Texaco, then known as The Texas Company. By 1993, the company had developed a chain of approximately 15 convenience stores and truck stops. That same year, it also became a Burger King franchisee. The company registered sales in 2001 of more than $50 million, and was granted permission by Burger King Corporation to develop the Corpus Christi, TX market.