7301 Airport Fwy - Service Station FOR SALE


Richland Hills, TX 76118- Outer N Richland Hill/Haltom City
$2,038,000 USD
602-687-6780
7301 Airport Fwy, Richland Hills, TX for Sale
$2,038,000 USD
Service Station - FOR SALE
1/5
null | 5.5% Cap Rate

7301 Airport Fwy
Richland Hills, TX 76118
Outer N Richland Hill/Haltom City


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Lease with 8 Years Remaining
  • 1.5% Annual Rental Increases with Multiple Renewal Options
  • Fully Owned Subsidiary of ARKO Holdings LTD. (S&P: B+) A Fortune 500 Company Operating 3,700+ Locations
  • 246,466 Residents within a 5-Mile Radius
  • Located off of Airport Fwy 121 [ 100,407 Cars Per Day ]

OVERVIEW

GPM Investments, LLC (“GPM”) is a wholly owned subsidiary of ARKO Corp., a Family of Community Brands, and is based in Richmond, Virginia. The operations of ARKO Corp. are primarily performed by GPM Investments, LLC. Since commencing operations in 2003, GPM has grown to operate or supply sites in thirty-four (34) states and Washington, DC and is the 6th largest convenience store chain in the country. Richland Hills is a small city located in the northeastern part of Tarrant County in the state of Texas, United States. It is part of the Dallas-Fort Worth metropolitan area, which is one of the largest urban areas in the country. Between the cities of Fort Worth and North Richland Hills, Richland Hills is centrally located within the Dallas-Fort Worth Metroplex. As of the 2020 census, Richland Hills has a population of about 8,000 people, making it a small, tight-knit community. Richland Hills is well-connected by major highways, including Interstate 820 and State Highway 121, which provide easy access to surrounding cities.

FOR SALE DETAILS

PRICE

$2,038,000 USD

PRICE/SF

$1,057 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GPM INVESTMENTS (ARKO CORP.) DBA SHELL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

C

APN/PARCEL ID

03754723

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

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