306 23rd St
Canyon, TX 79015
Absolute NNN Investment on "Main and Main" · Retail Property For Sale

Absolute NNN Single-Tenant Space leased for $2,850 per month Sale: $399,000 CAP Rate: More than 8.57%. Building Description: 306 23rd Street in Canyon is a converted gas station that is occupied by 806Vapes, LLC. The location has a gas station canopy and certified gas storage tanks. The building was recently remodeled and everything inside is brand new. For example, the building has brand new electrical switches and brakers, air conditioners, heaters, and a water heater. Location Description: This is located at the “Main and Main” intersection with great visibility. This location is hard to beat and is located right across from West Texas A&M University. Nearby tenants include McDonald’s, Chevron, Wendy’s, UPS Store, Subway, Pizza Hut, and United Supermarkets. Canyon is a city of over 13,000 people and is part of the Amarillo, Texas Metropolitan Statistical Area. The student population, in the area, is over 9,000. Tenant Information: 806Vapes, LLC is an established Vape Shop that supplies premium vape juice to over 67 locations across the United States. 806Vapes helps customers quit smoking by promoting healthy living with their wide range of e-cigarette products.