5549 E LANCASTER AVE FORT WORTH TX 76112-6428
BRAND NEW 20 YEAR ABSOLUTE NNN SALE LEASEBACK
Marketing description
The Snyder Carlton National Net Lease Team is pleased to offer investors a great opportunity to acquire the single tenant absolute NNN leased Conoco convenience store and gas station in Fort Worth, TX. Operated by a growing franchisee, the operator will have 30 gas stations and QSR’s by the end of 2026. The 20-year lease will commence upon the close of escrow and comprises 2% annual rent increases, two 5-year option periods and no landlord responsibilities providing a passive investor with long term cash flows.
The 3,079 SF C-store with two MFD’s on 0.33-acre parcel is located on a hard corner intersection of E Lancaster Avenue (over 17,800 VPD) and Weiler Boulevard and positioned a half mile from Interstate 820 which sees over 108,500 VPD. The subject property is eligible for bonus depreciation, providing major tax benefits in year 1, and is located within a tax-exempt state. Nearby retailers include McDonald’s, Whataburger, Jack in the Box, Bank of America, Walgreens, AutoZone, O’Reilly Auto Parts, Planet Fitness, Dollar General, Dollar Tree and more.
Investment highlights
- Brand New 20 Yr. Absolute NNN Sale Leaseback with Texaco/Conoco - Proven Site
- Hyper Dense Residential Area along Busy Hwy 180 - Connecting Dallas to Fort Worth
- Eligible 100% Bonus Depreciation! - Rare Dallas/Ft. Worth NNN Asset - Tax Free State
- 11th Largest City in U.S. - Fastest Growing Large City in Country - Huge Business Growth
- Strong Multi-Unit Operator (35) - Personal Guarantee - Big Tenant Improvement’s Planned
- Iconic American Gas Brand (Chevron/Texaco) - Rare 2% Annual Bumps - Large Tax Benefits
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