Listed by CrownPoint Partners
$5,500,000
East Loop 340
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 4,750
Net Rentable (SqFt) 4,750
Cap Rate 8.18%
NOI $450,000
Occupancy 100%
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Year Built 2012
Year Renovated 2026
Acreage 1.200
Tenant Credit Corporate Guarantee
Ground Lease No
Absolute Triple Net Lease with No Landlord Responsibilities | $100 MILLION CREDIT
Investment highlights
CrownPoint Partners is pleased to present a rare net lease opportunity featuring a 15-year absolute NNN lease to an experienced and proven operator, offering a true hands-off investment with zero landlord responsibilities.
The lease includes 2% Annual increases, delivering steady income growth over time.
Located at a seasoned, high-performing site with over 40 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
Listing Contacts
Listed by CrownPoint Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$450,000.00
$37,500.00/mo
Valuation Metrics
0
DSCR
8.18%
Cap Rate
8.18%
ROI
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