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923 E Main St
Fairfield, TX 75840

$1,231,250 USD

Service Station For Sale  •  4,934 SF

Property Details

• Property Type Service Station
• Total Building Size 4,934 SF
• Lot Size 0.52 AC
• Building Class C
• Year Built 1981
• Tenancy Single
• Zoning AA2

0 Transit Score

6 Walk Score

Highlights

20 Year Absolute NNN Lease; Zero Landlord Responsibilities; Four 5-Year Option Periods; 40 Years of Potential Lease Term; 6 Existing Fuel Pumps

Attractive Hedge Against Inflation; 12.50% Rent Increase Every 5 Years; Four 5-Year Option Periods; 40 Years of Potential Lease Term

Multi-Unit Operator; Corporate and Personal Guaranty (Contact Agent for Details); Strong Unit Level Sales and Attractive Rent Coverage Ratio

Qualifies for Bonus & Accelerated Depreciation (Contact Your CPA for Details)

Amenities

• Pylon Sign
• Signage