257 S Robb St - Convenience Store FOR SALE


Trinity, TX 75862
$1,163,000 USD
424-389-0582
257 S Robb St, Trinity, TX for Sale
$1,163,000 USD
Convenience Store - FOR SALE
1/5
null | 8.25% Cap Rate

257 S Robb St
Trinity, TX 75862


HIGHLIGHTS

  • 20-year absolute NNN lease to experienced operator
  • Zero landlord responsibilities — hands-off investment
  • 10% increases every 5 years with 4 5-year renewal options
  • Proven, seasoned location - 35+ year history as gas station & c-store
  • Direct frontage to 10,000 VPD along Texas State Highway 19 (Robb St)
  • Robb St is the main north/south thoroughfare in Trinity

OVERVIEW

Century Partners is pleased to present the opportunity to acquire an established gas station and c-store property in Trinity, Texas. This property is secured by a 20-year absolute NNN lease to Viper Fuels, an experienced operator with 5 units across the Houston, Texas market. This long term, passive investment features zero landlord responsibilities in addition to 10% rent increases every 5 years. The property is a highly established, seasoned location that has operated for over 35+ year history as gas station & c-store.

FOR SALE DETAILS

PRICE

$1,163,000 USD

PRICE/SF

$554 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gas & C-Store — 20-Year Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

Commercial

APN/PARCEL ID

23011,23018

ASK ABOUT THIS PROPERTY

Joshua BergerCentury Partners Real Estate Inc.More Info
424-389-0582

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Joshua BergerCentury Partners Real Estate Inc.More Info
424-389-0582

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.