20-Year Absolute NNN Leased C-Store Annual Increases in Rent

Description:


Mountain Express
ABSOLUTE NNN LEASE

1218 North Loop 499
Harlingen, TX

$1,555,000
ASKING PRICE

6.75%
CAP

Download Offering Memorandum:
www.thekasegroup.com/property/mountain-express-2/

Contact Listing Broker:
JEFF GATES
DIRECTOR
415.231.5231
jgates@thekasegroup.com


INVESTMENT HIGHLIGHTS:

• 20-Year, Absolute NNN Master Lease with 1.75% Annual Rent Increases
• Leading 462-Unit Operator
• 2020 EBIDA is Estimated at $55M
• Valero Branded Station
• Rapidly Growing Operator; Acquired 43 New Locations in the Last Year
• Income Tax Free State

Members profile:


Advertised by: The Kase Group - Jacob Abusharkh (click here to see full profile)
Email: Email Advertiser

Ad Details


Property is For Sale
Garage Spaces (put 0 if this does not apply) 0.00
Price: $1,555,000 USD

About this Business


Business Category Convenience Store
Franchise Operation Yes
Type of Auto Business Gas Station / Mini-Mart

Financial Information


Price Includes Real Estate

Unique Sale Issues


Type of Sale Real Estate Agency Sale

Website


Website https://www.thekasegroup.com/property/mountain-express-2/

Location


Address 1218 North Loop 499
City Harlingen
State TX
Postal Code 78550
Country USA

Call Me!


Phone Sign in to see details
Fax Jeff Gates, Director, The Kase Group. Email: jgates@thekasegroup.com
Ad id: 46213846
Ad views: 1552