Log In/Sign Up
Your email has been sent.
STNL Valero Gas Station | Texas 440 E Commerce St 2,400 SF Retail Building Fairfield, TX 75840 $1,691,393 CAD ($704.75 CAD/SF) 8% Cap Rate
Investment Highlights
- 20 Year Absolute NNN Lease; Zero Landlord Responsibilities; Four 5-Year Option Periods; 40 Years of Potential Lease Term; 8 Existing Fuel Pumps
- Qualifies for Bonus & Accelerated Depreciation (Contact Your CPA for Details); Multi-Unit Operator; Corporate and Personal Guaranty
- Affluent Neighborhood with AHHI Exceeding $81,600 within 3 Mile; Median Texas Household Income is $73,000
- Attractive Hedge Against Inflation; 12.50% Rent Increase Every 5 Years; Strong Unit Level Sales and Attractive Rent Coverage Ratio
- Located on Commerce Street, the Main Retail Corridor in Fairfield; Fairfield is the Midway Point Between Dallas and Houston
Executive Summary
Perfect 1031 Exchange Property.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built
1992
Price
$1,691,393 CAD
Price Per SF
$704.75 CAD
Cap Rate
8%
NOI
$135,311 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.37 AC
Zoning
AA2
Frontage
Amenities
- Pylon Sign
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 3844 | Improvements Assessment | $926,561 CAD |
| Land Assessment | $52,260 CAD | Total Assessment | $978,822 CAD |
Property Taxes
Parcel Number
3844
Land Assessment
$52,260 CAD
Improvements Assessment
$926,561 CAD
Total Assessment
$978,822 CAD
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
STNL Valero Gas Station | Texas | 440 E Commerce St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.