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ARKO

El Paso, Texas

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NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 11680 Montwood Drive in El Paso, TX. The site consists of roughly 1,908 rentable square feet of building space on estimated 0.93-acre parcel of land. This Arko is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 12, 2041. The current annual rent is $111,116 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.

✓ 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

Key Details

Price:
$2,116,495
Cap Rate:
5.25%
Annual Rent:
$111,116
Address:
11680 Montwood Drive, El Paso, Texas 79936
Property Type:
Gas Station
Lease Type:
Triple Net (NNN)

Original Lease Term:
20 Years
Lease Commencement:
October 12, 2021
Lease Expiration:
October 31, 2041
Lease Term Remaining:
17+ Years
Rental Increases:
2% Annually
Lot Size:
0.93 Acres
Building Size:
1,908 SF
Year Built:
1994
Tenant:
ARKO

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Alexandre Marietto

License: 10401294047

Kyle Karsian

License: 10401321452

Gordon Pollock

License: 10401370688

Broker of record

Brian Brockman

Bang Realty-Texas, Inc

License: 701472


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