STNL ExxonMobil | Texas | 923 E Main St
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STNL ExxonMobil | Texas 923 E Main St
4,934 SF Retail Building Fairfield, TX 75840 $1,231,250 ($250/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; 6 Existing Fuel Pumps
- Multi-Unit Operator; Corporate and Personal Guaranty (Contact Agent for Details); Strong Unit Level Sales and Attractive Rent Coverage Ratio
- Attractive Hedge Against Inflation; 12.50% Rent Increase Every 5 Years; Four 5-Year Option Periods; 40 Years of Potential Lease Term
- Qualifies for Bonus & Accelerated Depreciation (Contact Your CPA for Details)
Executive Summary
Perfect 1031 Exchange Property.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
4,934 SF
Building Class
C
Year Built
1981
Price
$1,231,250
Price Per SF
$250
Cap Rate
8%
NOI
$98,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.52 AC
Zoning
AA2
Frontage
180 FT on main street
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 18747 | Improvements Assessment | $458,841 |
| Land Assessment | $30,853 | Total Assessment | $489,694 |
PROPERTY TAXES
Parcel Number
18747
Land Assessment
$30,853
Improvements Assessment
$458,841
Total Assessment
$489,694
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STNL ExxonMobil | Texas | 923 E Main St
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