Gas Station & C-Store – 20-Year Absolute NNN
Newly Constructed | Bonus Depreciation Eligible
Marketing description
Panthers Petroleum is a burgeoning gas & c-store operator based in Houston, Texas. Leveraging over 15 years of direct experience operating gas station projects and investments, showcasing proficiency in managing entire project lifecycles and delivering notable cost savings and profits, the company has grown rapidly to more than 50 locations in approximately three years.
Led by CEO Chaudhry Ayaz, the company is aggressively expanding throughout the Houston market through its core gas & c-store business. Additionally, Ayaz plans to diversify his portfolio with more gas stations, c-stores, car washes, and motels, emphasizing strategic locations for sustained success.
Panthers' business strategy identifies untapped potential in under-performing locations, acquiring their operations, and greatly enhancing operations, through implementing operational efficiencies. Panthers Petroleum utilizes effective management and cost control, achieving above-average gross operating profit, with all operations supported by a robust back-office infrastructure.
Investment highlights
- 20-year absolute NNN lease to experienced operator
- Zero landlord responsibilities - hands-off investment
- 10% increases every 5 years
- Newly constructed (2024), minimizing near-term capital expenditure risk
- Bonus Depreciation Eligible
- Nationally Recognized Subway Franchise In Place as Subtenant to bring traffic and bolster tenant's rent coverage
- W. Cumberland Rd at Blue Mountain Blvd, in a newer, higher-income south Tyler residential corridor
- Hard corner at the main entrance to Jack Elementary School and the surrounding residential, capturing twice daily family traffic
- Average household income of $118,915 within 1-mile radius
- Panthers Petroleum - highly experienced, Houston-based operator
- Operator has 15 years of experience and has grown to 50 locations throughout all its entities
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
