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

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:
https://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)
Average score 9 after 1 votesAverage score 9 after 1 votesAverage score 9 after 1 votesAverage score 9 after 1 votesAverage score 9 after 1 votes Grade The Kase Group - Jacob Abusharkh
Email: jacob@thekasegroup.com

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 415.231.5231
Fax Jeff Gates, Director, The Kase Group. Email: jgates@thekasegroup.com
Ad id: 46213846
Ad views:189
Current rating Average score 8 after 1 votesAverage score 8 after 1 votesAverage score 8 after 1 votesAverage score 8 after 1 votesAverage score 8 after 1 votes Grade

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