Listing Summary
$100% NNN Chevron gas station & c-store with Burger King drive-thru. 20-year absolute NNN lease, 2023 construction, 37K VPD corner, bonus depreciation eligible.
Full Description
2023 Construction Chevron C-Store & Burger King Drive-Thru | 20-Year Absolute NNN Lease | Hard Signalized Corner
Presenting an exceptional multi-concept commercial real estate asset: a 7,805-square-foot Chevron service station, convenience store, and quick-service restaurant (QSR) facility situated on a sprawling 1.56-acre commercial lot. Built in 2023, this state-of-the-art Class B retail property offers an investor the ultimate combination of new construction quality, long-term passive revenue, and premier real estate fundamentals.
The property is secured by a brand-new 20-Year Absolute NNN Lease, offering zero landlord management responsibilities. The fuel and convenience store operations are backed by an experienced, high-volume multi-unit operator (contact agent for complete details).
Adding significant credit support and foot traffic, the onsite Burger King drive-thru is operated by the Dhanani Group—the 3rd largest operator in the entire Burger King brand system, managing over 550 locations nationwide.
Positioned on a hard signalized corner seeing over 37,000 vehicles per day along Will Clayton Parkway and situated immediately adjacent to Highway 69 (168,000 cars per day), this asset sits in a dense infill market with over 160,000 residents and an Average Household Income (AHHI) of $95,000 within a 5-mile radius. Additionally, as a newly built service station property, the purchase qualifies for Bonus & Accelerated Depreciation under IRS codes (consult your CPA for specific tax advisory).
Key Investment Highlights
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20-Year Absolute NNN Lease Structure: Enjoy 20 full years of hands-off cash flow with zero landlord responsibilities—tenant directly handles taxes, insurance, building structure, and maintenance.
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Elite QSR Operator Guaranty: Includes a high-performing Burger King drive-thru operated by the Dhanani Group (550+ locations; 3rd largest Burger King franchisee in the system).
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Prime Hard Signalized Corner Location: Situated on a high-visibility corner lot with 236 feet of direct frontage on Will Clayton Parkway, capturing over 37,000 combined vehicles per day.
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Immediate Access to Major Highway Spine: Located directly off Highway 69, exposing the site to over 168,000 vehicles per day along a key regional commuter route.
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Modern 2023 High-Spec Construction: Built in 2023, offering modern fuel dispensers, high architectural finish standards, and minimal capital expenditure risk.
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Bonus Depreciation Tax Advantages: Qualifies for accelerated and bonus depreciation, allowing investors to shelter significant year-one income (contact CPA for details).
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Infill Demographics & Strong Wealth Profile: Serves a high-density population of 160,000+ residents earning an impressive Average Household Income of $95,000 within 5 miles.
Property Specifications & Data Table
| Property Parameter |
Value / Details |
| Property Type |
Commercial Retail (Convenience Store / Gas Station / QSR) |
| Tenancy & Lease Type |
Single Tenant / Absolute NNN (Zero Landlord Responsibilities) |
| Primary Lease Term |
20 Years |
| Building Size (GLA) |
7,805 SF |
| Lot Size |
1.56 Acres (67,953 SF) |
| Year Built |
2023 (Modern Construction) |
| Building Class / Height |
Class B / 1-Story (0.11 FAR) |
| Brands / Operators |
Chevron C-Store (Multi-Unit Operator) & Burger King (Dhanani Group) |
| Corner & Traffic Counts |
Hard Signalized Corner (37,000 VPD) near Hwy 69 (168,000 VPD) |
| Frontage & Access |
236 Feet on Will Clayton Parkway |
| Site Amenities |
Corner Lot Positioning, Drive-Thru Lane, High-Impact Monument Signage |
Location Analysis & Demographic Advantage
This Chevron C-store and Burger King facility occupies a commanding position along Will Clayton Parkway, a key arterial road serving growing suburban residential developments and major retail corridors. The combination of a top-tier fuel brand with a nationally recognized quick-service drive-thru ensures round-the-clock customer traffic from morning commuters, highway travelers, and local residents alike.
Supported by strong underlying land value, a 160,000-person population base, and high average household earnings of $95,000, this brand-new 2023 net-leased asset stands out as a prime 1031 exchange property that combines inflation-resistant income with long-term real estate security.
Contact the listing broker today for complete financial details, operator lease breakdowns, and the full Offering Memorandum.
Quick Glance
- Listing ID:
CL-Texas-14092
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
N/A
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