ExxonMobil - Fairfield, TX

20-Year Absolute NNN Gas Station & C-Store Investment | Bonus Depreciation Eligible | Corporate & Personal Guaranty

Presenting a premier commercial real estate acquisition opportunity: a 4,934 SF single-tenant service station and convenience store situated on a spacious 0.52-acre commercial lot. Offered as a completely hands-off investment, the property is secured by a brand-new 20-Year Absolute NNN Lease with zero landlord responsibilities—making it an ideal, hassle-free vehicle for 1031 exchange buyers and passive real estate investors.

This long-term net-leased asset is backed by an experienced multi-unit operator and reinforced by both a Corporate and Personal Guaranty (contact agent for complete details). Operating with strong unit-level sales and a highly attractive rent coverage ratio, the site boasts a proven track record of profitability.

To hedge against inflation, the lease incorporates 12.50% rental increases every 5 years throughout the initial 20-year term and extends into four 5-year renewal option periods, providing up to 40 years of total potential lease term. Additionally, because the facility features 6 active fuel pumps, the acquisition qualifies for Bonus and Accelerated Depreciation under IRC Section 168(k), offering significant first-year tax shelter opportunities (consult your CPA for tailored financial guidance).

Key Investment Highlights

• 20-Year Absolute NNN Lease Structure: 100% passive investment model with zero landlord responsibilities—the tenant directly covers all property taxes, insurance, structural components, and ongoing maintenance.

• Built-in Inflation Hedge: Features generous 12.50% rent escalations every 5 years, ensuring steady growth in yield across the full 20-year primary term and option periods.

• Up to 40 Years of Lease Term: Four (4) additional 5-year renewal option periods extend total prospective tenancy up to 40 years.

• Multi-Layered Financial Guaranty: Backed by both Corporate and Personal Guarantees from an established multi-unit c-store operator.

• Tax-Advantaged Asset: Equipped with 6 existing fuel pumps, allowing buyers to leverage Accelerated and Bonus Depreciation benefits to maximize post-tax cash flows.

• Exceptional Site Features: A spacious 4,934 SF Class C building on a 0.52-acre corner/arterial parcel with 180 feet of prime main street frontage and high-visibility pylon signage.

• Strong Store Performance: Demonstrates robust unit-level sales figures and a healthy rent coverage ratio, ensuring long-term operational health and lease stability.

Comprehensive Property & Lease Specifications

Location & Asset Analysis

Service stations with attached convenience retail have proven to be among the most resilient commercial real estate sectors in the market, consistently insulated from e-commerce disruption. Featuring 180 feet of direct street frontage, excellent site ingress/egress, and high-impact pylon signage, this facility maximizes exposure to local commuters and daily passing traffic.

For investors seeking a secure, tax-advantaged income stream backed by strong real estate fundamentals and dual credit support, this turnkey commercial property represents a standout addition to any private or institutional portfolio.

Contact the listing broker today for complete financial details, lease structure terms, and the full Offering Memorandum.