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