Listing Summary
Single-Tenant Kent Kwik Facility | Absolute NNN Lease w/ 1.5% Annual Increases | Convenience Store, Car Wash & Restaurant | San Angelo, TX
Full Description
Premier Net Lease Investment Opportunity: Kent Kwik C-Store, Car Wash & Restaurant – San Angelo, TX
Presenting an exceptional, high-yield net-lease commercial property in San Angelo, Texas. Offered at $7,872,285, this highly functional single-tenant retail facility features a comprehensive site plan that includes a full-service convenience store, an automated car wash, and an on-site restaurant concept.
Operating under the well-established Kent Kwik brand and guaranteed by an experienced, multi-unit regional convenience store operator, the asset offers a true Absolute NNN lease with zero landlord operational or maintenance responsibilities. The investment is enhanced by 1.5% annual rental increases throughout both the primary lease term and subsequent renewal option periods, delivering predictable income compounding and built-in inflation protection. Positioned on a expansive 1.08+ acre lot along high-traffic Knickerbocker Road near the area's primary healthcare hub, this fee simple (land and building) property represents an ideal core acquisition for 1031 exchange buyers and high-net-worth investors seeking passive cash flow and potential accelerated tax depreciation benefits.
Property & Financial Specifications
| Property & Financial Metric |
Details |
| Property / Tenant Brand |
Kent Kwik |
| Location |
Knickerbocker Road Corridor, San Angelo, TX |
| Offering Price |
$7,872,285 |
| Building Size (SF) |
5,100 SF (Convenience Store, Car Wash, Restaurant) |
| Lot Size (Acreage) |
1.08 – 1.09 Acres |
| Ownership Interest |
Fee Simple (Land & Building) |
| Property Type / Subtype |
Retail / Service Station & Convenience Store |
| Building Class / Height |
Class C / 1-Story |
| Year Built |
1959 (Continuously Maintained & Upgraded) |
| Lease Structure |
Absolute NNN (Zero Landlord Responsibilities) |
| Rental Escalations |
1.5% Annual Increases (Primary Term & Options) |
| Parking Ratio |
44 Spaces (8.62 Spaces per 1,000 SF) |
| Frontage |
195 Feet on Knickerbocker Road |
| Zoning |
F1 Commercial / Retail |
Core Investment Highlights
Guaranteed Passive Income Stream
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Absolute NNN Structure: Complete hands-off ownership with zero landlord duties regarding maintenance, repairs, roof, structure, taxes, or insurance.
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Compound Annual Growth: Built-in 1.5% annual rent increases extending through the primary term and all renewal options, ensuring consistent yield expansion.
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Experienced Operator Guarantee: Lease execution and performance are backed by a proven, experienced regional convenience store operator with a deep operational track record.
Multi-Income Revenue Generator
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Comprehensive Commercial Footprint: The sale includes a fully integrated fuel station, high-volume convenience store, automated car wash, and dedicated quick-serve restaurant space.
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Fee Simple Ownership Advantage: Investors own both the underlying real estate and the building structures, opening potential avenues for bonus or accelerated depreciation strategies (consult with your tax professional).
Prime Infill Location & High Visibility
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Heavily Trafficked Corridor: Prominently positioned with 195 feet of direct frontage along Knickerbocker Road, benefiting from major daily vehicle counts and immediate highway exit connectivity.
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Proximity to Regional Anchors: Located just minutes from the largest medical center in the Greater San Angelo area, driving continuous, round-the-clock shift traffic and consumer demand to the location.
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Ample Parking & Accessibility: Features 44 dedicated parking spaces (8.62 per 1,000 SF), accommodating steady customer turnover for retail, fuel, dining, and car wash services.
Asset Summary & Market Context
Located along the bustling Knickerbocker Road corridor in San Angelo, Texas, this Kent Kwik facility combines strong brand presence, multi-faceted customer offerings (fuel, c-store, car wash, and food service), and prime real estate fundamentals. With an Absolute NNN lease format, regular 1.5% annual rent escalations, fee simple ownership, and close proximity to major medical and regional traffic generators, this commercial asset provides investors with long-term capital preservation and hands-free income.
Quick Glance
- Listing ID:
CL-Texas-28240
- Status:
Active
- Year Build:
1959
- Building Size:
4,820 SqFt
- Lot Size:
1.09 Acr
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