absolute net nnn portfolio

4-Unit Stripes Portfolio | TX

Sands Investment Group is Pleased to Present For Sale Four (4) Stripes Absolute Net NNN Portfolio Investment Opportunity Located in Midland and Odessa, Texas. The Deal Includes 20 Year Absolute Triple Net (NNN) Leases Which Were Recently Extended an Additional 10 Years Showing Strong Commitment to the Locations. This Investment Opportunity is Available For Sale Individually or as a Portfolio. Guarantor: Sunoco (S&P BB+), Parent Company: Energy Transfer Partners (S&P BBB-).

  • Available As a Portfolio or Individually
  • 20 Year Absolute Triple Net (NNN) Leases – The Tenant Recently Extended the Leases an Additional 10 Years Showing Strong Commitment to the Locations
  • Parent Company Investment Grade Credit – Sunoco’s General Partner, Energy Transfer Partners, Carries an Investment Grade Credit Rating of BBB- (S&P)
  • Rent Growth – 3 Out of the 4 Properties Have Scheduled Rent Increases In 2021
  • Recession and Pandemic Resistant Tenant; C-Stores Have Thrived Throughout the Pandemic and Have Shown Strong Profitability
  • Potential For Credit Upgrade – Most Stripes Locations Were Acquired By 7-Eleven in 2017; The West Texas Locations Were Subject to a Non-Compete With Delek Holdings; Delek Holdings Licensing Agreement With 7-Eleven Expires in December 2022, Setting Up For the Remaining Stripes to Be Acquired
  • Laredo Taco Company Locations – Each Site Features The Well-Known Tex-Mex Brand, Which Provides a Unique Traffic Driver to Each Location
  • Bonus/Accelerated Depreciation – C-Stores Typically Can Qualify For Bonus and Accelerated Depreciation, Which Can Significantly Increases an Investor’s Cash Flow
  • Texas is an Income Tax-Free State

In Cooperation With Sands Investment Group Austin, LLC
Lic. # 9004706 | BoR: Max Freedman – Lic. # 644481

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