4150 Ridgemont Dr, Abilene, TX, 79606
Delek Convenience
Key Information
Highlights
• Newly Restated Lease Delivers a Clean, Single-Asset Document – On June 1, 2026, the parties executed an Amended and Restated Lease Agreement that set aside the legacy ground lease and Master Lease dating back to 1999. This shows a renewed commitment to the long-standing location.
• Absolute NNN Lease – Zero Landlord Responsibilities – Ideal for Passive Investors
• 27-Year Proven Operating History at the Site – This location has operated continuously since the March 10, 1999 commencement date and has renewed repeatedly, with the current period running through May 31, 2031 under the restated lease. Nearly three decades of uninterrupted occupancy and repeated renewal is demonstrates store performance.
• Recent Renovations – This location went under renovations and rebranding in 2024, once again demonstrating a strong commitment to the site
• Financial Reporting – Rare financial reporting at the unit level and lessee entity level, providing investors with exceptional visibility into the viability of this location and lease.
• 100% Bonus Depreciation – This asset should qualify for 100% bonus depreciation. Consult with your CPA to confirm.
• Irreplaceable Hard-Corner Site – The property occupies a ±0.59-acre hard corner at the intersection of Rolling Green Drive and Ridgemont Drive in southwest Abilene, the city’s primary path of residential and retail growth. Entitling a new fueling position inside an established residential corridor is difficult and expensive, protecting the site from new supply.
• Four Universities and a Young Population – Abilene Christian University, Hardin-Simmons University, McMurry University, and Texas Tech University Health Sciences Center, together with a community college and a technical college, support a resident population of approximately 131,588 with a median age of 33.8 and roughly 7% growth over the last measured decade — a young, mobile, high-frequency convenience customer.
• Stargate AI Data Center Campus — A Generational Local Demand Driver – The OpenAI/Oracle Stargate campus in Abilene spans approximately 1,100 acres and ±4 million square feet across eight buildings. At peak construction, more than 6,400 construction workers are on site every day, with nearly 1,700 permanent onsite positions plus thousands of indirect jobs at full build-out, and the remaining buildings targeted for completion in mid-2026.
• Dyess Air Force Base — Recession-Resistant Federal Payroll – Dyess AFB, home to the B-1B Lancer and C-130J fleets, employs approximately 6,000 personnel and anchors a community that includes roughly 3,456 military retirees. Federal payrolls are among the most durable demand sources available in a tertiary market and are effectively insulated from the local business cycle.
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