Investment Highlights
Price: $3,237,000 Cap Rate: 6.75%
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♦ Absolute Triple Net (NNN) Corporate Lease with 12 Years Remaining - Tenant Exercised First Option
♦ Established Hard Corner Location - Tenant has Been Operating at this Site Since 2003
♦ Limited Gas/Convenience Competition in the Area
♦ There are 580+ Stripes Stores Across Texas, New Mexico, and Oklahoma
♦ Stripes (Susser Holdings Corporation) was Acquired by Energy Transfer Partners (Parent Company of Sunoco) on August 29, 2014 for $1.8 Billion
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