Valero | Carthage, TX

 

  • Lease Guarantor with Over 40 Locations in Multiple States
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • Potential for Additional Income Through Percentage Rent
  • Property is Located in Texas Income Tax Free State
  • Strong Demographics with a Population of 10,565 Within a 5-Mile Radius
  • Existing Sublease with Pizza Hut

In Cooperation with Sands Investment Group Austin, LLC

BoR: Max Freedman – Lic # 9004706

Valero

 

  • Brand New 15 Year Absolute Triple Net (NNN) Lease that Begins at Close of Escrow
  • 7.5% Rent Increase Every 5 Years with 3 x 5 Year Options to Extend
  • Remodeled in 2016 for $465,000 in Improvements – Such as New Pumps, New Coolers, Internal & External Face-lift and Double Link Tanks
  • The Valero is Located in the Heart of Duluth and Sits on a Signalized 4-Way Hard Corner of one of the Busiest Streets – Peachtree Industrial Blvd (PIB) and N Berkeley
  • Surrounded by National and Regional Retailers and 3 Fully Occupied Strip Centers
  • Strong Multi-Store Operator – NGC, Inc has Over 14 Years of Experience with 40 Stores and is Currently Operating 8 Stores with 75 Employees
  • Corner Property with Great Visibility and Ingress/Egress
  • Absolute Net Lease (NNN) – Tenant is Responsible For All Expenses Including Roof, Structure, Taxes, Insurance and Common Area Maintenance

In Cooperation with Sands Investment Group Atlanta, LLC

BoR: Andrew Ackerman – Lic # H-67374

Valero

 

  • Absolute NNN Lease with Zero Landlord Responsibilities
  • 4 x 5 Year Options to Renew
  • Lease Guarantor with Over 40 Locations in Multiple States
  • Newly Branded Valero C-Store Property Currently Undergoing Over $400,000 in Renovations
  • Excellent Location Across the Street from Christus Mother Frances Hospital – One of the Top 100 Hospitals with Over 152 Patient Rooms
  • Strong Store Performance Over 2x EBITDAR Coverage
  • Strong Traffic Count Over 27,000 CPD
  • Located at Signalized Intersection

In Cooperation with Sands Investment Group Austin, LLC – Lic# 9004706 – Broker of Record: Max Freedman – Lic. # 644481