Listed by ParaSell Inc, Century Partners RE
$2,600,000
Gas Station & C-Store – 20-Year Absolute NNN
Details
APN 000008-002020
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,932
Net Rentable (SqFt) 2,932
Units 2
Cap Rate 8.5%
NOI $221,000
Occupancy 100%
Tenancy Multi
Lease Type Absolute NNN
Remaining Term 20
Rent Bumps Yes
Lease Options 4, 5-year
Price per SqFt $887
Broker Co-Op Yes
Year Built 1996
Buildings 2
Stories 1
Acreage 1.990
Zoning Commercial (NEC)
Parking Spaces 16 spaces
Parking Per SqFt 5.46
Investment Type Net Lease
Tenant Credit No Credit Rating
Ground Lease No
Ownership Fee Simple
35+ Year Seasoned Location
Marketing description
Century Partners is pleased to present a rare Shell-branded net lease opportunity featuring a 20-year absolute NNN lease to Viper Fuels an experienced and proven operator, offering a true hands-off investment with zero landlord responsibilities. The lease includes 10% rent increases every five years, delivering steady income growth over time. Located at a seasoned, high-performing site with over 35 years of continuous operation as a gas station and convenience store, this property combines long-term stability with built-in rent escalations for a compelling investment profile.
Investment highlights
Market Highlights
- Located at the corner of Hwy 105 and FM 1442, with 12,000 VPD
- Surrounding area boasts an average income of $151,983 within a 1-mile radius, indicating a strong consumer base for potential business growth.
- Positioned within a fast-developing part of Orange County, benefiting from nearby industrial and residential expansion.
Investment Highlights
- 20-year absolute NNN lease to experienced operator
- Zero landlord responsibilities — hands-off investment
- 10% increases every 5 years
- Forthcoming renovation to Shell-branded gas station
- Proven, seasoned location - 35+ year history as gas station & c-store
Tenant Highlights
- Viper Fuels: experienced 10-unit operator with multiple locations across Texas
Listing Contacts
Listed by ParaSell Inc, Century Partners RE
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$221,000.00
$18,416.67/mo
Valuation Metrics
0
DSCR
8.5%
Cap Rate
8.5%
ROI
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