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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.

Investment Highlights

  • 14 Years Remaining on Absolute Triple-Net Lease
  • Lease Guaranteed by Experienced Convenience Store Operator
  • Pad Site to Albertsons Anchored Shopping Center

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Auto Service - Gas-Conv

Jack's Convenience Store

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

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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