Gas Station & C-Store - 20-Year Absolute NNN 1555 N 16th St 4 000 pi² Commerce de détail Immeuble Orange, TX 77630 3 694 366 $ CAD (923,59 $ CAD/pi²) 8,50% Taux de capitalisation

Century Partners is pleased to present the opportunity to acquire a net leased gas station / c-store investment located in Orange, Texas. This seasoned site is offered as a sale-leaseback with a 20-year absolute NNN lease featuring 10% rent increases every 5 years.
The seasoned, Valero-branded site has proven its location out for over 20 years since its original construction. The corridor connects directly to Interstate 10, supported by a significant retail presence and nearby Orange County airport.
The property is operated by Viper fuels, an experienced operator with 10 locations across the state of Texas.
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 10-unit operator with multiple locations across Texas
Investment Highlights
•20-year Absolute NNN Lease with 10% increases every 5 years
•Directly across the street from Kroger
•1 mile south of Interstate 10, one of the busiest highways in the USA
•Strong location along N 16th St, a primary retail corridor in Orange
•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 10-unit operator with multiple locations across Texas