Log In/Sign Up
Your email has been sent.
Gas Station & C-Store – 20-Year Absolute NNN 6373 FM 1442 2,701 SF 100% Leased Retail Building Orange, TX 77630 $3,283,204 CAD ($1,215.55 CAD/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Located at the corner of Hwy 105 and FM 1442, with 12,000 VPD
- Positioned within a fast-developing part of Orange County, benefiting from nearby industrial and residential expansion
- Proven, seasoned location - 35+ year history as gas station & c-store
- Surrounding area boasts an average income of $151,983 within a 1-mile radius, indicating a strong consumer base for potential business growth
- 20-year absolute NNN lease to experienced operator; Zero landlord responsibilities — hands-off investment; 10% increases every 5 years
- Viper Fuels: experienced 5-unit operator with multiple locations in the Houston market
EXECUTIVE SUMMARY
Century Partners is pleased to present a rare net lease opportunity featuring a 20-year absolute NNN lease to an experienced and proven operator, offering a true hands-off investment with zero landlord responsibilities. The lease includes 10% rent increases every five years, delivering steady income growth over time. Located at a seasoned, high-performing site with over 35 years of continuous operation as a gas station and convenience store, this property combines long-term stability with built-in rent escalations for a compelling investment profile.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
2,701 SF
Building Class
C
Year Built
1996
Price
$3,283,204 CAD
Price Per SF
$1,215.55 CAD
Cap Rate
8.50%
NOI
$279,184 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
1.99 AC
Zoning
F1 - Zoning is commercial
PROPERTY TAXES
| Parcel Number | 000008-002020 | Improvements Assessment | $416,131 CAD |
| Land Assessment | $62,912 CAD | Total Assessment | $479,043 CAD |
PROPERTY TAXES
Parcel Number
000008-002020
Land Assessment
$62,912 CAD
Improvements Assessment
$416,131 CAD
Total Assessment
$479,043 CAD
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Gas Station & C-Store – 20-Year Absolute NNN | 6373 FM 1442
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.