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Published on: Monday, August 19, 2024

Updated on: Friday, January 2, 2026

About the Lister

Name: Eric Vu

Company: Anchor Point Capital

Office Phone: 949.667.1077

Cell Phone: 949.667.1077

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ExxonMobil

923 E Main St, Fairfield Texas , 75840

Anchor Point Capital
Listing ID: CL-Texas-11415 Gas Station/C-Store/Convenience Stores/Gas Station

Purchase Option

Asking Price: $1,231,250.00

Acquisition Option: Traditional Purchase

Cap Rate (%): 8.21

Net Operating Income: Contact Lister

Quick Glance

Listing ID: CL-Florida-26363

Status: Accepting Offers

Occupancy: N/A

Year Build: 1972

Building Size: 12,818.00 SqFt

Lot Size: 41,000.00 SqFt.

No of Stories: 4

No of Parking: 42

Is Security Deposit Required: No

Lease Type: Modified Gross Lease

Available B2B Options: 0

Offer to Millionaire Club: No

Listing Summary

Absolute NNN; Strong Multi Unit Guaranty. Brand New 20 Year Lease at Close of Escrow

Complete Details

Year Build: 1972

Building Size: 12,818 SqFt.

Total Lot Area: 41,000 SqFt.

No of Stories: 4

No of Total Units: N/A

Occupancy: 0%

Heating and Cooling: Not Specified

Roofing: Not Specified

No of Parking: 42

Lease Details

Lease Type: Modified Gross Lease

Monthly Rent: $4.17

Availability on: Thursday, September 18, 2025

Rental Application Fee: $0.00

Total Cost to Move in: $0.00

Security Deposit Required?: No

Lease Terms

Yearly Rate: $34.80 - $50/SF/YR - Monthly Rate: $2.90 - $4.17/SF/MO

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) 6 Existing Fuel Pumps Outstanding Location in Fairfield, TX Outparcel to the Eastridge Apartments (24 Units) Affluent Neighborhood with AHHI Exceeding $81,600 within 3 Mile; Median Texas Household Income is $73,000 More than 3,000 Households within a 10-mile radius Fairfield is the Midway Point Between Dallas and Houston

Additional Properties

Property Highlights

Suite 100: 1,400 SFT - Rate: $50 NNN
Suite 203: 1,160 SQFT - Rate: $39.3
Suite 302: 1,100 SQFT - Rate: $41.45
Suite 306: 1,749 SFT - Rate: $34.80
Suite 400: 9,211 SFT - Rate: $34.80
Suite 401: 3,283 SFT - Rate: $34.80
Suite 402: 3,336 SFT - Rate: $34.80
Status: Active
12,104 SFT available
4th floor Walkthrough: https://youtu.be/_7jOv01yezQ

Features

On-site property management
Walking distance to numerous restaurants and retail
Access to public transportation with on-site Coral Gables trolley stop connecting to Miracle Mile and Metrorail
Premier location at the entrance to the Coral Gables business district
-Within 15 minutes from Miami International Airport and other key business districts such as Downtown, Brickell, Blue Lagoon, and Doral
MARKET HIGHLIGHTS:
8,300 businesses in Coral Gables
150 Multinationals
Home to many of South Florida's largest employers
Top retail and restaurant amenities
Metrorail access via Coral Gables Trolley

Additional Links

Other: https://www.theflabroker.com/
Other: https://www.theflabroker.com/properties-for-sale/
Other: https://www.onesothebysrealty.com/realestate/agent/manny-chamizo/
Social: https://www.instagram.com/mannychamizo/?hl=en
Social: https://www.linkedin.com/in/manny-chamizo-iii-a4b8573
Social: https://www.facebook.com/chamizo1/

Contacts

No Additional Contacts.

Actual - Cash Flow

Listing Location

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	Title	Contact Name	Phone No.
	Vice President of Advisory Services	Chandler Digman	714.928.9617
	Senior Associate Advisor	Nicholas Sarris	949.438.0052
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