Listing Summary
High-yield single-tenant gas station asset. 20-year absolute NNN lease, 12.5% rent increases, corporate & personal guarantee, and bonus depreciation eligible.
Full Description
20-Year Absolute NNN Gas Station & C-Store Investment | Bonus Depreciation Eligible | Corporate & Personal Guaranty
Presenting a premier commercial real estate acquisition opportunity: a 4,934 SF single-tenant service station and convenience store situated on a spacious 0.52-acre commercial lot. Offered as a completely hands-off investment, the property is secured by a brand-new 20-Year Absolute NNN Lease with zero landlord responsibilities—making it an ideal, hassle-free vehicle for 1031 exchange buyers and passive real estate investors.
This long-term net-leased asset is backed by an experienced multi-unit operator and reinforced by both a Corporate and Personal Guaranty (contact agent for complete details). Operating with strong unit-level sales and a highly attractive rent coverage ratio, the site boasts a proven track record of profitability.
To hedge against inflation, the lease incorporates 12.50% rental increases every 5 years throughout the initial 20-year term and extends into four 5-year renewal option periods, providing up to 40 years of total potential lease term. Additionally, because the facility features 6 active fuel pumps, the acquisition qualifies for Bonus and Accelerated Depreciation under IRC Section 168(k), offering significant first-year tax shelter opportunities (consult your CPA for tailored financial guidance).
Key Investment Highlights
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20-Year Absolute NNN Lease Structure: 100% passive investment model with zero landlord responsibilities—the tenant directly covers all property taxes, insurance, structural components, and ongoing maintenance.
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Built-in Inflation Hedge: Features generous 12.50% rent escalations every 5 years, ensuring steady growth in yield across the full 20-year primary term and option periods.
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Up to 40 Years of Lease Term: Four (4) additional 5-year renewal option periods extend total prospective tenancy up to 40 years.
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Multi-Layered Financial Guaranty: Backed by both Corporate and Personal Guarantees from an established multi-unit c-store operator.
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Tax-Advantaged Asset: Equipped with 6 existing fuel pumps, allowing buyers to leverage Accelerated and Bonus Depreciation benefits to maximize post-tax cash flows.
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Exceptional Site Features: A spacious 4,934 SF Class C building on a 0.52-acre corner/arterial parcel with 180 feet of prime main street frontage and high-visibility pylon signage.
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Strong Store Performance: Demonstrates robust unit-level sales figures and a healthy rent coverage ratio, ensuring long-term operational health and lease stability.
Comprehensive Property & Lease Specifications
| Property Feature |
Details & Specifications |
| Property Type |
Commercial Retail (Service Station / Convenience Store) |
| Tenancy |
Single Tenant (100% Occupied) |
| Lease Structure |
Absolute NNN (Zero Landlord Obligations) |
| Primary Lease Term |
20 Years |
| Renewal Options |
Four (4) 5-Year Options (Up to 40 Years Total) |
| Rent Escalations |
12.50% Every 5 Years |
| Lease Guarantees |
Corporate & Personal Guaranty |
| Building Size (GLA) |
4,934 SF |
| Lot Size |
0.52 Acres (22,651 SF) |
| Year Built |
1981 |
| Building Class / Height |
Class C / 1-Story (0.22 FAR) |
| Zoning |
AA2 |
| Fuel Infrastructure |
6 Pumps |
| Frontage |
180 Feet on Main Street Corridor |
| Signage |
Prominent Pylon Signage & Storefront Branding |
Location & Asset Analysis
Service stations with attached convenience retail have proven to be among the most resilient commercial real estate sectors in the market, consistently insulated from e-commerce disruption. Featuring 180 feet of direct street frontage, excellent site ingress/egress, and high-impact pylon signage, this facility maximizes exposure to local commuters and daily passing traffic.
For investors seeking a secure, tax-advantaged income stream backed by strong real estate fundamentals and dual credit support, this turnkey commercial property represents a standout addition to any private or institutional portfolio.
Contact the listing broker today for complete financial details, lease structure terms, and the full Offering Memorandum.
Quick Glance
- Listing ID:
CL-Texas-11415
- Status:
Active
- Year Build:
1981
- Building Size:
4,934 SqFt
- Lot Size:
N/A
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