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7301 Airport Fwy Richland Hills, TX

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For Sale
$2,038,000

NNN leased Shell gas station with 8 years remaining.

Property size:
1,929 SF
Lot size:
0.58 Acres

Property Features for 7301 Airport Fwy

General Information

Size
1,929 SF
Lot size
0.58 Acres

Source: Marcus & Millichap | Phoenix Agent Chris Lind

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Richland Hills Shell Gas Station

The property is a gas station with an absolute triple-net (NNN) lease and 8 years remaining on the lease term. The lease includes 1.5% annual rental increases and multiple renewal options. The tenant is a fully owned subsidiary of ARKO Holdings LTD., a Fortune 500 company with an S&P rating of B+ and operating over 3,700 locations. The property is situated off Airport Fwy 121, which sees a traffic volume of 100,407 cars per day. Located approximately 7 miles from Downtown Fort Worth, the surrounding area has a population of 246,466 residents within a 5-mile radius. The average household income within the same radius exceeds $80,600. The property size is 1,929 square feet. Shell is one of the largest and most financially stable oil and gas companies globally.
Location Intelligence

Current Use by Public Records

Gas stations

Map

City
Richland Hills
County
Tarrant
State
Texas
Longitude
-97.2280695
Latitude
32.8159623

FAQs

What type of property is this?
Gas station - NNN leased Shell gas station with 8 years remaining.
Where is this gas station located?
The property is located at 7301 Airport Fwy Richland Hills, TX.
What is the asking price?
The asking price for this property is $2,038,000.
What are key features of this property?
This property features: - Absolute triple-net (NNN) lease with 8 years remaining and 1.5% annual rental increases.; - Tenant is a fully owned subsidiary of ARKO Holdings LTD. (S&P: B+), a Fortune 500 Company.; - High traffic location: situated off Airport Fwy 121 with 100,407 cars per day.
More about this property
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