Auto Service - Gas-Conv
Stripes Convenience Store
2731 Southwest Pkwy, Wichita Falls, TX 76308
Listing Price: $1,695,770
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a triple-net leased Stripes in Wichita Falls, Texas. The property consists of a 1,404-square foot building that sits on approximately 0.30 acres of land. There are approximately 6 years remaining on the current lease term, with 2.5 percent annual rental escalations during the main term, as well as 20 percent rental escalations in the first year of an option. The property is located at the signalized hard corner of Southwest Parkway and Kemp Boulevard, where combined traffic counts exceed 29,496 vehicles per day.
Investment Highlights
- NNN Investment
- Corporate Guarantee
- 2.5% Annual Rent Increases
- 20% Rent Increase at the First Year of Option
Exclusively Listed By
Financing By
Listing Price: $1,695,770
Investment Highlights
- NNN Investment
- Corporate Guarantee
- 2.5% Annual Rent Increases
- 20% Rent Increase at the First Year of Option
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a triple-net leased Stripes in Wichita Falls, Texas. The property consists of a 1,404-square foot building that sits on approximately 0.30 acres of land. There are approximately 6 years remaining on the current lease term, with 2.5 percent annual rental escalations during the main term, as well as 20 percent rental escalations in the first year of an option. The property is located at the signalized hard corner of Southwest Parkway and Kemp Boulevard, where combined traffic counts exceed 29,496 vehicles per day.
Exclusively Listed By
Financing By

