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Gas Station & C-Store - 20-Year Absolute NNN 2410 Texas Ave 5,000 SF Retail Building Bridge City, TX 77611 $3,545,516 CAD ($709.10 CAD/SF) 8.50% Cap Rate
Investment Highlights
- 20-year Absolute NNN Lease with 10% increases every 5 years
- Consistent fuel and convenience demand driven by necessity-based consumer behavior
- Viper Fuels: experienced 9-unit operator with multiple locations across Texas
- Positioned within infill out corridor of convenience retail and service-oriented businesses
- Proximity to major petrochemical, refining, manufacturing, and port-related employment hubs
Executive Summary
Investment Highlights
•20-year Absolute NNN Lease with 10% increases every 5 years
•Positioned within infill out corridor of convenience retail and service-oriented businesses
•Consistent fuel and convenience demand driven by necessity-based consumer behavior
•Strong underlying real estate fundamentals within an established commercial node
Market Highlights
•Located on Primary retail corridor connecting directly to Interstate 10
•5 minutes from Home Depot and Walmart Supercenter
•In-built cross-border demand due to proximity to the Texas–Louisiana state line
•Supported by a stable, blue-collar workforce tied to petrochemical industry, including Dow + Chevron Phillips Chemical companies.
•Proximity to major petrochemical, refining, manufacturing, and port-related employment hubs
Tenant Highlights
•Viper Fuels: experienced 9-unit operator with multiple locations across Texas
•20-year Absolute NNN Lease with 10% increases every 5 years
•Positioned within infill out corridor of convenience retail and service-oriented businesses
•Consistent fuel and convenience demand driven by necessity-based consumer behavior
•Strong underlying real estate fundamentals within an established commercial node
Market Highlights
•Located on Primary retail corridor connecting directly to Interstate 10
•5 minutes from Home Depot and Walmart Supercenter
•In-built cross-border demand due to proximity to the Texas–Louisiana state line
•Supported by a stable, blue-collar workforce tied to petrochemical industry, including Dow + Chevron Phillips Chemical companies.
•Proximity to major petrochemical, refining, manufacturing, and port-related employment hubs
Tenant Highlights
•Viper Fuels: experienced 9-unit operator with multiple locations across Texas
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
5,000 SF
Building Class
C
Year Built
2000
Price
$3,545,516 CAD
Price Per SF
$709.10 CAD
Cap Rate
8.50%
NOI
$301,369 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.95 AC
Parking
18 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010081-001640 | Improvements Assessment | $544,921 CAD |
| Land Assessment | $104,890 CAD | Total Assessment | $649,811 CAD |
Property Taxes
Parcel Number
010081-001640
Land Assessment
$104,890 CAD
Improvements Assessment
$544,921 CAD
Total Assessment
$649,811 CAD
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Gas Station & C-Store - 20-Year Absolute NNN | 2410 Texas Ave
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