14680 State Hwy 31 W, Brownsboro, TX

Listing agent Randy Blankstein License #471005983

Listing office The Boulder Group - Corporate Show Phone

Listing date Nov 28, 2024

Source Moodyscre

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Overview

This investment opportunity is positioned within the Dallas-Fort Worth CSA, which is ranked #6 in the United States for population. The property is eligible for bonus depreciation. Located in Texas, there is no state income tax. The investment grade tenant has an A rating (Standard & Poor’s). Over 11 years remain on the lease, which features 7.5% rent escalations every 5 years during the primary term and option periods. There are three 5-year renewal options. The lease is NNN, meaning there are no landlord responsibilities. Situated on a 1.11-acre lot, the property benefits from a hard-corner location. It features a fuel canopy with 12 Exxon fuel dispensers. The location along State Highway 31 W sees 16,039 vehicles per day. Within a 7-mile radius, the population is 9,954 people, with an average household income of $86,102. The property size is 4,085 square feet.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Brownsboro

County

Henderson

State

Texas

Longitude

-95.6092

Latitude

32.3029

Nearby Similar for Sale

• 

  $3,932,926

  4,085 SF

  7-Eleven Net Leased Property

  Single tenant 7-Eleven in Brownsboro, TX, operating since 2020.

  14680 State Hwy 31 W, Brownsboro, TX 75756

  View Details

FAQs

What type of property is this?

Gas station - NNN leased Exxon gas station with over 11 years remaining.

Where is this gas station located?

The property is located at 14680 State Hwy 31 W Brownsboro, TX.

What is the asking price?

The asking price for this property is $4,099,576.

What are key features of this property?

This property features: Investment grade tenant – A rating (Standard & Poor’s); NNN lease – no landlord responsibilities; Over 11 years remaining on lease