This is the opportunity to acquire a Panther Petroleum location in Tyler, Texas, secured by a New 20 Year Absolute NNN Lease expiring 12/31/2045 with 2% annual rent increases. Offered at $3,356,643 at a 7.15% CAP rate on $240,000 annual rent ($161.18/SF).The Absolute NNN structure carries zero landlord responsibilities, and income tax-free Texas offers investors a stable, passive income stream in a pro-business environment. The lease is backed by Panther Petroleum, a fast-growing Houston-based operator that grew from 23 stores in 2024 to 30+ by mid-2025, with plans to reach 50–55 under brands including Shell, Chevron, Exxon, and Valero.
The property sits on Tyler's dense South Broadway retail corridor, surrounded by national retailers and grocery anchors that drive consistent daily traffic.