2550 FM Hwy 365, Port Arthur, TX 77640 For Sale

Bonus Depreciation Opportunity | The property qualifies for 100% bonus depreciation, offering investors significant tax advantages in the early years of ownership. These incentives enhance after-tax cash flow and improve overall investment returns, making this asset especially attractive for buyers seeking efficient tax treatment on real estate holdings. SURMOUNT is not a tax advisor. Please consult your own tax professional.

Long-Term Tiple-Net (NNN) Lease | The property features an original 20-year absolute triple-net (NNN) lease, with over 17.5 years of term remaining, offering true passive ownership. With zero landlord responsibilities and a national brand tenant in place, the investment offers predictable cash flow and minimal management.

Strong Corporate Guarantee | The lease features a strong corporate guarantee from SB PEP Holdco, LLC, ensuring financial backing from the parent entity of Strickland Brothers. Strickland Brothers is a rapidly growing operator of oil change and car wash locations and currently operates over 250 locations across the United States.

Income Tax Free State | Texas is 1 of 9 income tax free states in the United States. Ownership of an asset in an income tax free state can provide several benefits to landlords. Discuss with a Certified Public Accountant for further details.