Skip to main content

Auto Service - Gas-Conv

Shell (NASDAQ: ARKO) | DFW MSA | Long-Term Abs. Net Lease | Leading U.S. Convenience Store Operator

2001 N Central Expy, Richardson (Dallas-Fort Worth MSA), TX 75080

Listing Price: $5,449,226

Cap Rate
5.75%
Tenant Name
Shell
Years Remaining On Lease
14.4
Gross SF
1,847
Guarantor
Corporate Guarantee
Rentable SF
1,847
Price/Gross SF
$2,950.31
Lease Type
Absolute Net
Rent Per Square Feet
$169.64

Investment Overview

Leading U.S. Convenience Store Operator

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.
  • Leading U.S. Convenience Store Operator. 7th Largest in the Nation with Over 2,926+ Locations Featuring Over $1.6 Billion In-Store Sales and Over 2.1 Billion in Gallons Sold in 2020.
  • This Location is Substantially Below Replacement Costs. Recession and Covid-19 Resistant Retailer with Attractive Industry Dynamics. Qualifies for Bonus Depreciation.
  • Densely Populated Affluent Area: Features an Average Household Income of $123k+ within a 1-Mile Radius and 153k+ People Residing within a 5-Mile Radius.
  • Positioned Along Area's Major Traffic, Business and/or Retail Corridor - Hard Corner Location and Features Easy Access and Excellent Visibility.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    License(s) TX: 0606255

    Texas

Auto Service - Gas-Conv

Shell (NASDAQ: ARKO) | DFW MSA | Long-Term Abs. Net Lease | Leading U.S. Convenience Store Operator

Listing Price: $5,449,226

Cap Rate
5.75%
Tenant Name
Shell
Years Remaining On Lease
14.4
Gross SF
1,847
Guarantor
Corporate Guarantee
Rentable SF
1,847
Price/Gross SF
$2,950.31
Lease Type
Absolute Net
Rent Per Square Feet
$169.64

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.
  • Leading U.S. Convenience Store Operator. 7th Largest in the Nation with Over 2,926+ Locations Featuring Over $1.6 Billion In-Store Sales and Over 2.1 Billion in Gallons Sold in 2020.
  • This Location is Substantially Below Replacement Costs. Recession and Covid-19 Resistant Retailer with Attractive Industry Dynamics. Qualifies for Bonus Depreciation.
  • Densely Populated Affluent Area: Features an Average Household Income of $123k+ within a 1-Mile Radius and 153k+ People Residing within a 5-Mile Radius.
  • Positioned Along Area's Major Traffic, Business and/or Retail Corridor - Hard Corner Location and Features Easy Access and Excellent Visibility.

Investment Overview

Leading U.S. Convenience Store Operator

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    License(s): TX: 0606255

    Texas

MM Texture Background
MM Textured Background Lower