440 E Commerce St - Service Station FOR SALE
Fairfield, TX 75840 |
$1,231,250 USD
888-993-5344
440 E Commerce St
Fairfield, TX 75840
HIGHLIGHTS
- 20 Year Absolute NNN Lease; Zero Landlord Responsibilities; Four 5-Year Option Periods; 40 Years of Potential Lease Term; 8 Existing Fuel Pumps
- Attractive Hedge Against Inflation; 12.50% Rent Increase Every 5 Years; Strong Unit Level Sales and Attractive Rent Coverage Ratio
- Qualifies for Bonus & Accelerated Depreciation (Contact Your CPA for Details); Multi-Unit Operator; Corporate and Personal Guaranty
- Located on Commerce Street, the Main Retail Corridor in Fairfield; Fairfield is the Midway Point Between Dallas and Houston
- Affluent Neighborhood with AHHI Exceeding $81,600 within 3 Mile; Median Texas Household Income is $73,000
FOR SALE DETAILS
PRICE
$1,231,250 USD
PRICE/SF
$513 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STNL Valero Gas Station | Texas
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.37 AC
LAND SF
16,117 SF
ZONING
AA2
APN/PARCEL ID
3844
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888-993-5344
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888-993-5344
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