303 W W M Watson Blvd | Daingerfield, TX 75638
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- LoopNet Team
303 W W M Watson Blvd
Daingerfield, TX 75638
Subway & Phillips 66 Gas Station | Net Lease · Retail Property For Sale
Investment Highlights
- Corporate guaranteed Absolute Triple Net (NNN) investment with 19 years remaining on the lease with 2% annual rent escalations.
- Convenience store includes an operating Subway, providing multiple sources of revenue.
- Subject property recently renovated with a new Phillips 66 canopy and signage and four updated MPDs.
- Prime location directly off HWY 11, conveniently positioning this property for optimal accessibility and convenience to HWY 11 and HWY 259.
- Nearby national tenants include Dollar General, Walgreens, Tractor Supply Co., O'Reilly Auto Parts, and Jiffy Lube.
- The tenant is currently partnered with 76, Valero, Exxon, Mobil, Travel Centers of America, TA Express, VP Racing, and Marathon.
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,010 SF
Building Class
C
Year Built
1987
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
0.88 AC
Zoning
C - Commercial
Frontage
168’ on W M Watson Boulevard
Property Taxes
| Parcel Number | R008354 | Improvements Assessment | $0 |
| Land Assessment | $51,650 | Total Assessment | $51,650 |
Property Taxes
Parcel Number
R008354
Land Assessment
$51,650
Improvements Assessment
$0
Total Assessment
$51,650
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