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Auto Service - Gas-Conv

Chevron & Jack in the Box

1721 S Mechanic St, El Campo, TX 77437

Listing Price: $3,200,000

Cap Rate
6.25%
Tenant Name
Chevron, Jack in The Box
Years Remaining On Lease
5.5
Guarantor
Franchisee Guarantee
Rentable SF
4,638
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$42.68

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net leased Chevron Gas Station & Jack in the Box located at the intersection of South Mechanic Street and Highway 59 in El Campo, Texas and consists of a 4,638-square foot building situated on 1.36 acres of land. With over 20 years at this location, both tenants have showed a strong commitment to the site with five year options and 10% rent increases remaining up to 15 years.

Investment Highlights

  • Triple Net Lease Investment
  • Attractive 10% Rent Escalations Every 5 Years
  • Strong Commitment to the Site for Both Tenants
  • Highway Frontage Directly off I-69 S

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Chevron & Jack in the Box

Listing Price: $3,200,000

Cap Rate
6.25%
Tenant Name
Chevron, Jack in The Box
Years Remaining On Lease
5.5
Guarantor
Franchisee Guarantee
Rentable SF
4,638
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$42.68

Investment Highlights

  • Triple Net Lease Investment
  • Attractive 10% Rent Escalations Every 5 Years
  • Strong Commitment to the Site for Both Tenants
  • Highway Frontage Directly off I-69 S

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net leased Chevron Gas Station & Jack in the Box located at the intersection of South Mechanic Street and Highway 59 in El Campo, Texas and consists of a 4,638-square foot building situated on 1.36 acres of land. With over 20 years at this location, both tenants have showed a strong commitment to the site with five year options and 10% rent increases remaining up to 15 years.

Exclusively Listed By

Financing By

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