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Valero gas station and convenience store 20-yr NNN lease Corpus Christi

$ 2.722.874
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2429
sold

For Sale the 3,993 SF Valero Located at 4817 Ayers Street in Corpus Christi, Texas. This Brand New 20 Year Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities and Rent Increases Every Five Years, Provides For a Secure Stable Income Stream. Well Established Guarantor Currently Operating 40+ Locations.

Brand New 20 Year Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities

8% Rent Increases Every 5 Years

Valero is the World’s Largest Independent Petroleum Refiner

Strong Store Performance – 2.021x Rent Coverage

Price $ 2,722,874      CAP 6.75%       NOI $ 183,794      Price/sf $ 681.91

Listing courtesy of Sands Investment Group

State/County:
Zip: 78315
Country: United States
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Property Id : 811
Price: $ 2.722.874
Property Size: 3.993 ft2
Property Lot Size: 32.212 ft2
attic
gas heat
ocean view
wine cellar
basketball court
gym
pound
fireplace
lake view
pool
back yard
front yard
fenced yard
sprinklers
washer and dryer
deck
balcony
laundry
concierge
doorman
private space
storage
recreation
roof deck

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