Listed by Anchor Point Capital
$5,642,857
Absolute NNN Chevron Gas Station | Kilgore, TX
Details
APN 72672
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 4,198
Units 1
NOI $395,000
Brand/Tenant Chevron
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 04/20/2045
Remaining Term 20
Year Built 2012
Acreage 1.000
Investment Type Net Lease
Lease Commencement 04/21/2025
Ground Lease No
Sale Condition N/A
New 20 Year Absolute NNN Lease | 2% Annual Rent Increases in Primary Term and Option Periods
Marketing description
For more information contact:
Ned Skinner - [email protected]
Jacob Sparks - [email protected]
Excellent Single Tenant Investment Opportunity
- New 20 Year Absolute NNN Lease; 40 Years of Potential Remaining Lease Term
- Strong Lease Guaranty; Contact broker for details
- Fee Simple; Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult with Your Tax Professional)
- 2% Annual Rent Increases in Primary Term and Option Periods
- 4,198 Square-Foot Convenience Store with 10 Fueling Lanes and a Dive Thru Car Wash
- Excellent Visibility and Access on Henderson Boulevard
Outstanding Location in Longview, MSA
- Signalized Hard Corner Intersection Location; 14,900 Cars Per Day at the Intersection
- Convenient Access and Visibility as a Well‑Known Corner in the Local Market and to Regional Through‑Traffic on US‑259 (Henderson Boulevard)
- Key Stop Along a Daily “Errand Route” Corridor, Positioned Between Residential Neighborhoods, Local Schools, and Industrial / Service‑Sector
- Located Along a Key Connector Route Serving Kilgore and Surrounding East Texas Communities, with Direct Connectivity to I‑20 and Regional Employment Hubs
d Along a Key Connector Route Serving Kilgore and Surrounding East Texas Communities, with Direct Connectivity to I‑20 and Regional Employment Hubs
Investment highlights
For more information contact:
Ned Skinner - [email protected]
Jacob Sparks - [email protected]
Excellent Single Tenant Investment Opportunity
- New 20 Year Absolute NNN Lease; 40 Years of Potential Remaining Lease Term
- Strong Lease Guaranty; Contact broker for details
- Fee Simple; Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult with Your Tax Professional)
- 2% Annual Rent Increases in Primary Term and Option Periods
- 4,198 Square-Foot Convenience Store with 10 Fueling Lanes and a Dive Thru Car Wash
- Excellent Visibility and Access on Henderson Boulevard
Outstanding Location in Longview, MSA
- Signalized Hard Corner Intersection Location; 14,900 Cars Per Day at the Intersection
- Convenient Access and Visibility as a Well‑Known Corner in the Local Market and to Regional Through‑Traffic on US‑259 (Henderson Boulevard)
- Key Stop Along a Daily “Errand Route” Corridor, Positioned Between Residential Neighborhoods, Local Schools, and Industrial / Service‑Sector
- Located Along a Key Connector Route Serving Kilgore and Surrounding East Texas Communities, with Direct Connectivity to I‑20 and Regional Employment Hubs
Listing Contacts
Listed by Anchor Point Capital
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$395,000.00
$32,916.67/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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Property History
Tax History
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