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Auto Service - Gas-Conv

Jack's Fuel & Convenience Stores (4 Locations)

1000 Andrews Hwy, Midland, TX 79701

Listing Price: $25,428,000

Cap Rate
6.50%
Tenant Name
Jack's Fuel
Years Remaining On Lease
13.8
Gross SF
8,803
Guarantor
Franchisee Guarantee
Rentable SF
8,803
Price/Gross SF
$2,888.56
Lease Type
Absolute Net
Rent Per Square Feet
$187.76

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale four Jack's Fuel & Convenience Stores in Midland, Texas.

Investment Highlights

  • 14 Years Remaining on Absolute Triple-Net Leases
  • All Locations Qualify for Bonus and Accelerated Depreciation
  • Multi-Use Locations
  • Strong Portfolio Wide Real Estate Fundamentals

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 Fuel & Convenience Stores (4 Locations)

Listing Price: $25,428,000

Cap Rate
6.50%
Tenant Name
Jack's Fuel
Years Remaining On Lease
13.8
Gross SF
8,803
Guarantor
Franchisee Guarantee
Rentable SF
8,803
Price/Gross SF
$2,888.56
Lease Type
Absolute Net
Rent Per Square Feet
$187.76

Investment Highlights

  • 14 Years Remaining on Absolute Triple-Net Leases
  • All Locations Qualify for Bonus and Accelerated Depreciation
  • Multi-Use Locations
  • Strong Portfolio Wide Real Estate Fundamentals

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale four Jack's Fuel & Convenience Stores in Midland, Texas.

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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