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Auto Service - Gas-Conv

Citgo

204 E Main St, Bellville, TX 77418

Listing Price: $500,000

Cap Rate
7.94%
Tenant Name
Citgo
Years Remaining On Lease
2.7
Gross SF
2,000
Guarantor
Personal Guarantee
Rentable SF
2,000
Price/Gross SF
$250.00
Lease Type
Double Net
Rent Per Square Feet
$21.00

Investment Overview

The Citgo gas station is located in the center of downtown Bellville at the hard corner of East Main Street and Miller Street. Fronting on Highway 159, the subject property sits next to the Austin County Courthouse, Bellville City Hall, the Bellville Public Library, and Bellville Meat Market. The subject property had renovations in 2023.

The current tenant recently signed a three-year, double net lease. The previous tenant had 52 years of operating history.

Investment Highlights

  • Center Of Downtown Bellville
  • Next To Bellville City Hall, Public Library, And Austin County Courthouse
  • New Three-Year Lease
  • 2023 Renovations

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Citgo

Listing Price: $500,000

Cap Rate
7.94%
Tenant Name
Citgo
Years Remaining On Lease
2.7
Gross SF
2,000
Guarantor
Personal Guarantee
Rentable SF
2,000
Price/Gross SF
$250.00
Lease Type
Double Net
Rent Per Square Feet
$21.00

Investment Highlights

  • Center Of Downtown Bellville
  • Next To Bellville City Hall, Public Library, And Austin County Courthouse
  • New Three-Year Lease
  • 2023 Renovations

Investment Overview

The Citgo gas station is located in the center of downtown Bellville at the hard corner of East Main Street and Miller Street. Fronting on Highway 159, the subject property sits next to the Austin County Courthouse, Bellville City Hall, the Bellville Public Library, and Bellville Meat Market. The subject property had renovations in 2023. The current tenant recently signed a three-year, double net lease. The previous tenant had 52 years of operating history.

Exclusively Listed By

Financing By

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