Auto Service - Gas-Conv
Jack's Convenience Store
1000 Andrews Hwy, Midland, TX 79701
Listing Price: $7,511,000
Cap Rate
6.00%
Tenant Name
Jack's Convenience
Years Remaining On Lease
23.9
Gross SF
2,175
Guarantor
Franchisee Guarantee
Rentable SF
2,175
Price/Gross SF
$3,453.33
Lease Type
Absolute Net
Rent Per Square Feet
$207.19
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Jack's Fuel Station, Convenience Store, and Car Wash in Midland, TX.
Exclusively Listed By
Broker of Record
Listing Price: $7,511,000
Cap Rate
6.00%
Tenant Name
Jack's Convenience
Years Remaining On Lease
23.9
Gross SF
2,175
Guarantor
Franchisee Guarantee
Rentable SF
2,175
Price/Gross SF
$3,453.33
Lease Type
Absolute Net
Rent Per Square Feet
$207.19
Investment Highlights
- 14 Years Remaining on Absolute Triple-Net Lease
- Lease Guaranteed by Experienced Convenience Store Operator
- Pad Site to Albertsons Anchored Shopping Center
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Jack's Fuel Station, Convenience Store, and Car Wash in Midland, TX.
Exclusively Listed By
Broker of Record
