1918 Strickland Dr - Freestanding FOR SALE


Orange, TX 77630- East Orange
$4,451,613 USD
203-887-8797
1918 Strickland Dr, Orange, TX for Sale
$4,451,613 USD
Freestanding - FOR SALE
1/3
null | 7.75% Cap Rate

1918 Strickland Dr
Orange, TX 77630
East Orange


HIGHLIGHTS

  • Absolute Triple Net Lease with No Landlord Responsibilities
  • Strong Corporate Guarantee
  • Proximity to Major Regional Transportation Routes
  • Surrounded by National Retailers

OVERVIEW

Surmount is pleased to present the exclusive listing for a Pinnacle Oil & Gas located at 1918 Strickland Drive, Orange, TX 77630. The site consists of roughly 26,136 rentable square feet of building space on an estimated .6-acre parcel of land. Pinnacle Oil & Gas is subject to a 15.15-year Triple Net (NNN) lease, which commenced 12/12/2025. The current annual rent is $345,000 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$4,451,613 USD

PRICE/SF

$1,204 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,338 SF

ZONING

C

APN/PARCEL ID

000021-020451

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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Anthony D'AmbrosiaSurmountMore Info
203-887-8797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.