76 Absolute NNN Lease

76 | Laredo, TX

Sands Investment Group is Pleased to Present For Sale the 76 Absolute NNN Lease Located in Laredo, Texas. This Deal Includes ~15 Years Remaining on a 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.

  • 15 Years Remaining on a 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • 2% Annual Rent Increases With Four (4) X 5 Year Options to Renew
  • Strong Operator and Guarantee With Over 20 Years of Experience Under This Brand
  • Guarantor Spent Over $500,000 Over the Past Few Years in Site Upgrades; Recently Converted to 76 With Capex Towards Site Rebranding, Facelift and Imaging
  • Bonus/Accelerated Depreciation; C-Stores Typically Qualify For Bonus and Accelerated Depreciation Which Can Significantly Increase an Investor’s Cash Flow
  • At the Term of the Lease, Investor Will Have Received $822,000 in Rent, Almost Making Back Their Entire Initial Investment – Not Including Any Options
  • Mountain Express Oil Company (MEX) Provides Petroleum to Over 700+ Locations Across 10 States and Operates an Additional 200+ Sites
  • MEX is Actively Growing Not Only Their Fuel Distribution, But Also Operations Across the Nation (MEX Acquires 50 Locations)
  • Phenomenal Location in the Heart of Laredo on the Main Retail Corridor With Limited Competition
  • Hard Corner Directly Off Interstate 35 and Lafayette Street
  • Income Tax Free State
  • Surrounded By Local, Regional and National Tenants Including: Jack in the Box, Burger King, Subway, Dairy Queen, Taco Bell, Family Dollar, HEB, Advance Auto and More

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

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Circle K

 

  • Brand New 20 Year Absolute NNN Lease – Zero Landlord Responsibilities
  • 2% Annual Rent Increases
  • Four (4) x 5 Year Options to Renew
  • Blended CAP Rate of 7.59% Over Lease Term
  • Guarantor Supplied Over 130 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period – Ended June 30, 2017
  • Guarantor Generated Over $13 Million in EBITDA in 2016
  • Guarantor Spending Over $250,000 in Capex at Site Rebranding to Chevron
  • Operator Operates 70 Circle K’s in 4 States
  • 15 Year Accelerated Depreciation
  • Income Tax Free State
  • Hard Corner Directly Off Interstate 35 – 124,000 Vehicles Per Day at I-35 and Lafayette Street
  • Strong Demographics – Approximately 20,000 Residents Within a 5-Mile Radius

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