303 W W M Watson Blvd - Storefront FOR SALE
Daingerfield, TX 75638 |
$1,677,419 USD
843-517-8165
303 W W M Watson Blvd
Daingerfield, TX 75638
HIGHLIGHTS
- Corporate guaranteed Absolute Triple Net (NNN) investment with 19 years remaining on the lease with 2% annual rent escalations.
- Prime location directly off HWY 11, conveniently positioning this property for optimal accessibility and convenience to HWY 11 and HWY 259.
- Convenience store includes an operating Subway, providing multiple sources of revenue.
- Nearby national tenants include Dollar General, Walgreens, Tractor Supply Co., O'Reilly Auto Parts, and Jiffy Lube.
- Subject property recently renovated with a new Phillips 66 canopy and signage and four updated MPDs.
- The tenant is currently partnered with 76, Valero, Exxon, Mobil, Travel Centers of America, TA Express, VP Racing, and Marathon.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 2,010 SF Subway & Phillips 66 Gas Station located at 303 West W M Watson Blvd in Daingerfield, TX. This deal includes a corporate guaranteed Absolute Triple Net (NNN) investment with 19 years remaining on the lease and 2% annual rent escalations, delivering a secure and predictable cash flow backed by corporate guarantee.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$1,677,419 USD
PRICE/SF
$835 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Subway & Phillips 66 Gas Station | Net Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,115 SF
ZONING
C
APN/PARCEL ID
R008354
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843-517-8165
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