Convenience Store For Sale • 5,200 SF
New 15-year absolute NNN ground lease to an investment-grade tenant, rated “BBB” by Standard & Poor’s |
8% rental increases every five (5) years, including option periods |
Circle K is one of the largest chains of company-owned convenience stores in the United States, with over 14,200 locations |
Centrally located in the quickest growing area of Odessa on a quickly growing retail and residential corridor |
Affluent market with an average annual household income of $101,213 within a 3-mile radius (expected to grow 16%+ in the next 5 years) |
The site also features 14 canopied gas pumps for added customer convenience |
Airport | Drive | Walk | Distance |
---|---|---|---|
Midland International Air And Space Port | 23 min | - | 15.3 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 30 |
Type: | Surface |
Included in Rent: | Yes |