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    Richland Hills Shell Gas Station Title is generated by Realmo AI

    7301 Airport Fwy, Richland Hills, TX

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    NNN leased Shell gas station with 8 years remaining.

    Type:RETAIL
    Property size:
    1,929 SF
    Lot size:
    0.58 Acres
    Price / SF:
    $1,056/SF
    Added:
    Dec 17, 2024
    Days on Market:
    541
    Last Refresh:
    May 20 at 9:01 pm

    Property Features for 7301 Airport Fwy

    General Information

    Standard status
    Active
    Size
    1,929 SF
    Lot size
    0.58 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Chris Lind
    Chris Lind

    Listing agent Chris Lind License #(S):AZ:SA550593000,NV:S.0192964

    Listing office Marcus & Millichap | Phoenix

    Listing date Dec 17, 2024

    Source Moodyscre

    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

    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.
    • Densely populated area: 246,466 residents within a 5‑mile radius.
    • Strong demographics: average household income exceeds $80,600 within a 5‑mile radius.
    • Positioned roughly 7 miles from Downtown Fort Worth.

    Overview

    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
    -97.2281
    Latitude
    32.816

    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.
    (602) 370-9255 Call to check price and availability
    More about this property
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