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401 S May St
Madisonville, TX 77864
Gas Station & C-Store · Retail Property For Sale
Investment Highlights
- New 20-year absolute NNN lease; Features attractive 7.5% rental increases every 5 years
- Panthers Petroleum - highly experienced, Houston-based operator
- Large c-store (8,000+ SF) equipped with drive-thru; Madisonville is approximately halfway between Houston and Waco, TX just off I-45
- Operator has 15 years of experience and has grown to 20+ locations throughout all its entities
Property Facts
Property Type
Retail
Property Subtype
Service Station
Building Size
8,160 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.50 AC
Zoning
C - Commercial
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | R-0010-001-0090-901 | Improvements Assessment | $670,180 |
| Land Assessment | $120,180 | Total Assessment | $790,360 |
Property Taxes
Parcel Number
R-0010-001-0090-901
Land Assessment
$120,180
Improvements Assessment
$670,180
Total Assessment
$790,360
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