Stripes | Abilene, TX
Sands Investment Group is Pleased to Present Exclusively For Sale the Stripes Absolute NNN Property Located in Abilene, Texas. With Over 20 Years of Lease Term Remaining on an Absolute NNN Lease and Attractive Rent Increases, This Opportunity Provides For a High Quality Investment With Annual Income Growth of an Established Tenant, Whose Parent Company is Investment Grade Credit and is Located in the Tax-Free State of Texas.
- 20 Year Absolute Triple Net (NNN) Lease – The Tenant Recently Extended the Lease an Additional 10 Years Showing Strong Commitment to the Location
- Parent Company Investment Grade Credit – Sunoco’s General Partner, Energy Transfer Partners, Carries an Investment Grade Credit Rating of BBB- (S&P)
- Annual Increases – Rent Increases of 1.75% Annually Provide a Strong Hedge Against Inflation
- Laredo Taco Company – Site Features the Well-Known Tex-Mex Brand Which Provides a Unique Traffic Driver
- Income Tax Free State – Texas is an Income Tax Free State
- Bonus/Accelerated Depreciation – C-Stores Typically Qualify For Bonus and Accelerated Depreciation Which Can Significantly Increase an Investor’s Cash Flow
- Recession and Pandemic Resistant Tenant – C-Stores Have Thrived Throughout the Pandemic and Have Shown Strong Profitability
- Cisco College – The Campus is Located Across the Street; The Jr. College Has an Enrollment of Approximately 4,800 Students
In Cooperation With Sands Investment Group Austin, LLC Lic. #9004706 BoR: Max Freedman – TX Lic. # 644481
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