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GPM Investments 3901 State Highway 121 4,960 SF Retail Building The Colony, TX 75056 $4,685,677 ($944.69/SF) 6.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Attractive Rent Increases
- Strong Operator
- High Traffic Counts
- Zero Landlord Responsibilities
- Strategic Location
- Strong Demographics
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant Fast Fuels (GPM Investments) located at 3901 State Highway 121 in The Colony, Texas (“the Property”). The Property consists of a 4,960 square foot freestanding building with 10 fueling stations on a 1.18-acre corner parcel of land. Fast Fuels (GPM Investments) has 6+ years remaining on its Absolute NNN Lease with four (4), 5-year renewal options. The lease calls for attractive 1.5% annual rent increases throughout the primary lease term and each of the renewal options. Fast Fuels (GPM Investments) enjoys a highly visible and accessible location at the signalized intersection of Standridge Drive and State Highway 121, a major commercial and commuter thoroughfare in the area. The property benefits from excellent exposure along the Sam Rayburn Tollway, which carries over 121,600 vehicles daily, enhancing its visibility to passing traffic. Situated within a thriving trade area, the site is surrounded by a mix of industrial and warehouse facilities, national retailers, popular restaurants, local schools, and numerous hotels that generate steady vehicular and pedestrian activity. Dense residential neighborhoods in the immediate vicinity, including both apartment communities and single-family homes, provide a reliable customer base throughout the day.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,960 SF
Building Class
B
Year Built/Renovated
1999/2015
Price
$4,685,677
Price Per SF
$944.69
Cap Rate
6.50%
NOI
$304,569
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.18 AC
Zoning
Commercial - Commercial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R556898 | Improvements Assessment | $574,535 |
| Land Assessment | $1,290,465 | Total Assessment | $1,865,000 |
PROPERTY TAXES
Parcel Number
R556898
Land Assessment
$1,290,465
Improvements Assessment
$574,535
Total Assessment
$1,865,000
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GPM Investments | 3901 State Highway 121
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