Service Station For Sale • 8,370 SF
ABSOLUTE TRIPLE NET LEASE STRUCTURE: This Deal Features a 17+ Year Absolute Triple Net Lease, Placing All Responsibility on the Tenant |
RENTAL INCREASES: The Lease Incorporates 2% Annual Rent Escalation, Allowing the Landlord to Benefit From the Growth in Property Value |
LOCATION: Strategically Located in Close Proximity To Hoxie's City Hall, The Main Retail Corridor and US Highway 63 & 67 |
TRAFFIC: This Location Features a C-Store With Several Retail Tenants & Sits On Southwest Texas Street (Over 8,000 Vehicles Per Day) |
TAX INCENTIVES: C-Store Investments Offer Increased Depreciation Expenses Providing For a Major Tax Incentive Bonus (Consult Your CPA) |
NATIONAL RETAILERS: Surrounded By National Credit Tenants Such As: McDonald's, O'Reilly Auto Parts, Walmart, Tractor Supply, Dollar General, etc. |
Cap Rate: | 8.00 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Walnut Ridge Amtrak Station (Texas Eagle - Amtrak) | 2 min | - | 1.5 mi |