Listing Summary
STNL Valero Gas Station, Texas. Brand New 20 Year Lease at Close of Escrow
Full Description
20 Year Absolute NNN Lease; Zero Landlord Responsibilities Attractive Hedge Against Inflation; 12.50% Rent Increase Every 5 Years Four 5-Year Option Periods; 40 Years of Potential Lease Term Strong Unit Level Sales and Attractive Rent Coverage Ratio Qualifies for Bonus & Accelerated Depreciation (Contact Your CPA for Details) Multi-Unit Operator; Corporate and Personal Guaranty (Contact Agent for Details) 8 Existing Fuel Pumps Outstanding Location in Fairfield, TX Located on Commerce Street, the Main Retail Corridor in Fairfield Affluent Neighborhood with AHHI Exceeding $81,600 within 3 Mile; Median Texas Household Income is $73,000 Fairfield is the Midway Point Between Dallas and Houston
Quick Glance
- Listing ID:
CL-Texas-11414
- Status:
Active
- Year Build:
1992
- Building Size:
2,400 SqFt
- Lot Size:
N/A