14650 Interstate 35 S
Von Ormy, TX 78073
Tex-Best Travel Center · Retail Property For Sale

The subject investment opportunity is an ExxonMobil Tex-Best Travel Center located at 14650 Interstate-35 South, Von Ormy, Texas. The travel center is branded as an Exxon gas station and Tex-Best convenience store. The convenience store consists of 3,000 square feet and sits on approximately 2.45 acres. This travel center has roughly 12.75 years remaining on the original 20-year lease, which commenced in 2010. This is a true triple net (NNN) lease with no landlord responsibilities. The current rent is $275,684 and is subject to annual rental increases equal to two percent that continue through the two, five-year tenant renewal options. The property is strategically located as the first gas station directly off of exit 140 of Interstate-35, which connects the Texas/Mexico boarder to major cities such as San Antonio, Austin, Dallas, and continues all the way north to Duluth, Minnesota. An average of over 43,000 vehicles drive past this property on a daily basis. These high traffic counts account for the constant flow of consumers stopping at this travel center everyday. Adjacent to this property is a Burger King, which is another major traffic driver and an incentive for travelers to stop to eat and get gas.