ARKO
Grand Saline, Texas
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NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 1351 West Frank Street in Grand Saline, TX. The site consists of roughly 5,232 rentable square feet of building space on estimated 1.90-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 25th, 2021. The current annual rent is $358,408 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options