3901 State Highway 121 - Freestanding FOR SALE


The Colony, TX 75056
$4,685,677 USD
781-776-4006
3901 State Highway 121, The Colony, TX for Sale
$4,685,677 USD
Freestanding - FOR SALE
1/9
null | 6.5% Cap Rate

3901 State Highway 121
The Colony, TX 75056


HIGHLIGHTS

  • Attractive Rent Increases
  • Zero Landlord Responsibilities
  • Strong Operator
  • Strategic Location
  • High Traffic Counts
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant Fast Fuels (GPM Investments) located at 3901 State Highway 121 in The Colony, Texas (“the Property”). The Property consists of a 4,960 square foot freestanding building with 10 fueling stations on a 1.18-acre corner parcel of land. Fast Fuels (GPM Investments) has 6+ years remaining on its Absolute NNN Lease with four (4), 5-year renewal options. The lease calls for attractive 1.5% annual rent increases throughout the primary lease term and each of the renewal options. Fast Fuels (GPM Investments) enjoys a highly visible and accessible location at the signalized intersection of Standridge Drive and State Highway 121, a major commercial and commuter thoroughfare in the area. The property benefits from excellent exposure along the Sam Rayburn Tollway, which carries over 121,600 vehicles daily, enhancing its visibility to passing traffic. Situated within a thriving trade area, the site is surrounded by a mix of industrial and warehouse facilities, national retailers, popular restaurants, local schools, and numerous hotels that generate steady vehicular and pedestrian activity. Dense residential neighborhoods in the immediate vicinity, including both apartment communities and single-family homes, provide a reliable customer base throughout the day.

FOR SALE DETAILS

PRICE

$4,685,677 USD

PRICE/SF

$945 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GPM Investments

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

Commercial

APN/PARCEL ID

R556898

ASK ABOUT THIS PROPERTY

Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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