• Brand-New 20-Year Absolute NNN Sale-Leaseback: At close, the tenant will execute a fresh 20-year absolute NNN lease with zero landlord responsibilities, roof and structure are tenant obligations, delivering truly passive, management-free ownership of the fee simple interest.
• Attractive Going-In Yield with Built-In Growth: Priced at $2,100,000, a 6.50% cap rate on $136,500 in annual base rent, with contractual 10% rent escalations every 5 years.
• Three 5-Year Renewal Options: Options extend the potential lease term through Year 35, each carrying the same 10% escalation structure.
• Corporate Guarantee from a Growing Operator: The lease is guaranteed by Hungry Pig Supply Co., an expanding fuel and convenience operator on pace for $35M in revenue this year, providing institutional-quality credit support behind the income stream.
• 2023 Construction with Modern Fuel Infrastructure: Newly built convenience store with fuel tanks and pumps installed in 2023, minimizing near-term capital and environmental risk, a critical underwriting factor for gas station real estate.
• Hard-Corner Visibility on a High-Traffic Corridor: Positioned at the signalized intersection of Boat Club Road (±31,600 VPD) and Azle Avenue (±28,700 VPD), with combined exposure to ±60,300 vehicles per day, just ±10 miles northwest of Downtown Fort Worth.
• High-Growth Fort Worth Submarket: The 5-mile trade area holds ±177,400 residents projected to grow 4.54% over the next five years, with average household income of ±$108,900 — all within the Dallas–Fort Worth Metroplex, one of the fastest-growing metros in the U.S. (8.3M+ residents, 650,000+ added since 2020).
• Ideal 1031 / Passive Capital Profile: Long-duration, guaranteed, escalating income makes this asset well-suited for 1031 exchange buyers, family offices, and private investors seeking to replace active management with stabilized cash flow.