79763 Archives | Sands Investment Group

Sands Investment Group is Pleased to Exclusively Offer For Sale the 22,857 SF LubeZone (Epika Fleet Services) NN Asset Located at 1506 West 2nd Street in Odessa, TX. The Tenant Has 4+ Years Remaining on Their Lease With Multiple Options to Extend Showing Long-Term Commitment to This Site, Providing For a Secured Investment.

LubeZone is a Brand of Epika Fleet Services, a National Truck Fleet Servicing Company With 83 Locations Across the Country
Epika Fleet Services Operating Company of Trivest Partners, One of the Oldest Private Equity Firms in the Southeast U.S Has Completed Over 500 Investments That Total Nearly $8 Billion in Value and Has a Current AUM of Approximately $5.5 Billion
Highly Functional Facility – This Asset Features 6 Drive-In Service Bays and Has Access to Both N Kelly Ave and N Lauderdale Ave
Located Within a 5 Minute Drive From I-20, Which Runs East & West Across Texas
The Tenant Has 4+ Years Remaining on Their Lease With Multiple Options to Extend Showing Long-Term Commitment to This Site
Nearby Notable Tenants Include: AutoZone, TruckPro, Valvoline, Texas Truck & Auto, Diamond Fleet Parts, Auto Doctor, B-Line Filter & Supply and More

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

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,000 SF Stripes Absolute NNN Lease Investment Located at 807 FM 1936 in Odessa, Texas. This Deal Includes a 20 Year Absolute Triple Net (NNN) Lease That is Available As a Portfolio or Individually, Providing For a Unique Investment.

Available As a Portfolio or Individually
20 Year Absolute Triple Net (NNN) Lease – The Tenant Recently Extended the Lease For 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)
The Property Has a Yearly Scheduled Rent Increase in January
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
The Site Features the Well-Known Laredo Taco Company Tex-Mex Brand, Which Provides a Unique Traffic Driver to the Location
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

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities