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Gas Station & C-Store – 20-Year Absolute NNN 2410 N Main St 2,170 SF Retail Building Vidor, TX 77662 $2,219,840 CAD ($1,022.97 CAD/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 20-year absolute NNN lease with 10% increases every 5 years; Established gas station site with 15+ years of operational history
- Prime visibility and access along N Main St, main access route to Interstate 10 (1.5 miles south), with strong daily traffic of 17,000+ VPD
- Nearby retail includes Walmart Supercenter, Market Basket Grocery, Dollar Tree and more
- Passive investment with zero landlord responsibilities; Corner lot placement with excellent visibility and frontage
- Main St connects Interstate 10 with a large residential base to the north, driving consistent daily traffic past the subject property
EXECUTIVE SUMMARY
Century Partners is pleased to present this investment opportunity featuring a 20-year absolute NNN lease with built-in 10% rent increases every five years, offering strong long-term income growth and inflation protection. The property is an established gas station and convenience store with over 15 years of proven operating history, strategically positioned on a highly visible corner lot with excellent frontage and exposure. Structured for truly passive ownership, the absolute NNN lease eliminates all landlord responsibilities, making this an ideal opportunity for investors seeking stable, predictable cash flow with zero management burden.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Service Station
Building Size
2,170 SF
Building Class
C
Year Built
2010
Price
$2,219,840 CAD
Price Per SF
$1,022.97 CAD
Cap Rate
8.50%
NOI
$188,686 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.46 AC
Frontage
243’ on MAIN ST
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
-
99,999 SF
-
$9.99
- -
For more than 135 years, ExxonMobil has been developing quality fuel products to get people where they need to go. From the early days of Standard Oil and Socony-Vacuum Oil, to the brands by which they are known today – Exxon, Mobil, and Esso – they are happy to have played a role in some of America’s most memorable journeys and hope to continue to be part of your journey for decades to come.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | 99,999 SF | $9.99 | - |
PROPERTY TAXES
| Parcel Number | 000067-015201 | Improvements Assessment | $639,114 CAD |
| Land Assessment | $196,321 CAD | Total Assessment | $835,435 CAD |
PROPERTY TAXES
Parcel Number
000067-015201
Land Assessment
$196,321 CAD
Improvements Assessment
$639,114 CAD
Total Assessment
$835,435 CAD
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Gas Station & C-Store – 20-Year Absolute NNN | 2410 N Main St
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