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Gas Station & C-Store - 20 Year Absolute NNN 6373 FM 1442 2,932 SF 100% Leased Retail Building Orange, TX 77630 $3,215,302 CAD ($1,096.62 CAD/SF) 8.50% Cap Rate
Investment Highlights
- 20-year absolute NNN lease to experienced operator; Zero landlord responsibilities — hands-off investment
- 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
- 10% increases every 5 years; 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
- 15-Year Experienced Operator with 9 locations
Executive Summary
Century Partners is pleased to offer a well-established Gas Station and Convenience Store investment featuring a 20-year absolute NNN lease to Viper Fuels an experienced operator, delivering a truly hands-off opportunity with zero landlord responsibilities.
The lease provides 10% rental increases every five years, ensuring built-in income growth, while the property benefits from a proven, seasoned location with over 35 years of operating history as a gas station and convenience store, supporting long-term performance and reliability.
The lease provides 10% rental increases every five years, ensuring built-in income growth, while the property benefits from a proven, seasoned location with over 35 years of operating history as a gas station and convenience store, supporting long-term performance and reliability.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
2,932 SF
Building Class
C
Year Built
1996
Price
$3,215,302 CAD
Price Per SF
$1,096.62 CAD
Cap Rate
8.50%
NOI
$273,410 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
1.99 AC
Zoning
F1 - Commercial
Frontage
226’ on FM1442
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Viper Fuels
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Viper Fuels | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - |
Property Taxes
| Parcel Number | 000008-002020 | Improvements Assessment | $405,479 CAD |
| Land Assessment | $61,302 CAD | Total Assessment | $466,780 CAD |
Property Taxes
Parcel Number
000008-002020
Land Assessment
$61,302 CAD
Improvements Assessment
$405,479 CAD
Total Assessment
$466,780 CAD
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Gas Station & C-Store - 20 Year Absolute NNN | 6373 FM 1442
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