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Auto Service - Gas-Conv

Jack's Convenience Store

3603 W Wall St, Midland, TX 79701

Listing Price: $4,599,000

Cap Rate
6.25%
Tenant Name
Jack's Fuel, Convenience Store, & Car Wash
Years Remaining On Lease
13.9
Gross SF
1,200
Guarantor
Franchisee Guarantee
Rentable SF
1,200
Price/Gross SF
$3,832.50
Lease Type
Absolute Net
Rent Per Square Feet
$239.54

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Jack's Convenience Store in Midland, TX.

Investment Highlights

  • 14 Years Remaining on Absolute Triple-Net Lease
  • Lease Guaranteed by Experienced Convenience Store Operator
  • Signalized Hard Corner Location

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: $4,599,000

Cap Rate
6.25%
Tenant Name
Jack's Fuel, Convenience Store, & Car Wash
Years Remaining On Lease
13.9
Gross SF
1,200
Guarantor
Franchisee Guarantee
Rentable SF
1,200
Price/Gross SF
$3,832.50
Lease Type
Absolute Net
Rent Per Square Feet
$239.54

Investment Highlights

  • 14 Years Remaining on Absolute Triple-Net Lease
  • Lease Guaranteed by Experienced Convenience Store Operator
  • Signalized Hard Corner Location

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Jack's Convenience Store 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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