Exxon Mobile - Net Lease Property for Sale
Key Investment Metrics
Price
$5,991,905
Cap Rate
7.5%
Net Operating Income
$449,393
Building Size
3718 SF
Lot Size
3,718 SF
Land Area
1.36 Acres
Remaining Term
19.7 years
Lease Expiration
08/31/2045
Lease Term
20 years
Lease Commencement
09/01/2025
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
1999
Occupancy
100%
Tenancy
Single
Rent Increases
12.5% Every 5 Years
About This Exxon Mobile Net Lease Property
This Exxon Mobile NNN (triple net lease) property is located in , TX and represents an excellent investment opportunity for commercial real estate investors. The property features 3718 square feet of building space and was built in 1999.
With a cap rate of 7.5%, this Exxon Mobile net lease property offers stable income potential. The asking price is $5,991,905, making it an attractive option for 1031 exchange investors seeking quality Exxon Mobile commercial properties.
Why Invest in Exxon Mobile NNN Properties?
- Stable Income: Exxon Mobile net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Exxon Mobile is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
, TX Market Overview
Located in , TX, this Exxon Mobile property benefits from strong local demographics and market fundamentals. The area offers excellent visibility and accessibility, making it an ideal location for Exxon Mobile operations and a solid investment for net lease property buyers.