Richland Hills Shell Gas
For Sale
Contact for pricing
7301 Airport Fwy, Richland Hills, TX
NNN leased Shell gas station with 8 years remaining.
Property Size1,929 SF
Lot Size0.58 Acres
Price / SF$1,056
Days on Market632
Property Features for 7301 Airport Fwy
General Information
Standard status
Active
Size
1,929 SF
Lot size
0.58 Acres
Property subtype
RETAIL
Listing Agency:
Marcus & Millichap | Phoenix
(602) 687-6700
Listed By:
Chris Lind · License #(S):AZ:SA627823000
(602) 370-9255
Source:
Moodyscre
Added: Dec 17, 2024
Changed: Aug 8
Last Checked: Sep 9 at 5:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Phoenix
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
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Business Placement
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
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.
