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.
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.
