Pinnacle Oil – Chevron | Groves, TX

Pinnacle Oil & Gas Holdings Inc
6099 Gulfway Dr, Groves, TX 77619, USA

Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,956 SF Pinnacle Oil – Chevron Located at 6099 Gulfway Drive in Groves, TX. This Deal Includes Investment-grade Tenant With Strong Brand Recognition With a Proven Track Record of Performance in the Fuel and Convenience Retail Sector, Providing For a Secured Investment

  • Close Proximity to Major Oil Refineries Such as Chevron, Valero and Exxon, Creating a Large Population of Blue-Collar Workers and a Constant Need For Convenience Store Services
  • The Area Has Seen Steady Economic Activity For Over a Century, Ever Since the Discovery of Oil in the “Golden Triangle” Region
  • Strategically Located Along Gulfway Drive, a Major Thoroughfare in Groves, TX; High Daily Traffic Counts and Excellent Visibility Enhance Customer Access
  • Investment-grade Tenant With Strong Brand Recognition With a Proven Track Record of Performance in the Fuel and Convenience Retail Sector
  • Located in the Extreme Southeast Area of Texas Near the Gulf Coast Along the Texas/Louisiana Border; It is 1.5 Hours East of Houston
  • Pinnacle Oil is Family Owned and Operated With Close to 20 Years of Experience With Over 46 Locations Across Three States and $108M+ in Annual Gross Income

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

Pinnacle Oil & Gas Holdings Inc
6099 Gulfway Dr, Groves, TX 77619, USA

PINNACLE OIL & GAS

Pinnacle Oil is a leading full-service oil and gas company specializing in exploration, production, and distribution. With a strong foundation in the energy sector, Pinnacle Oil provides high-quality petroleum products and services to customers across the United States. The company focuses on operational excellence and environmental responsibility, ensuring the safe and efficient extraction and distribution of energy resources.Pinnacle Oil’s core services include the development of oil and gas reserves, transportation and distribution of energy products, as well as offering expertise in the technical aspects of drilling and production. Their commitment to sustainability and innovation drives the company to implement best practices in every aspect of their operations.They are a robust and growing entity within the energy sector, with a focus on long-term operational success. The company is expected to be a reliable tenant, with a commitment to maintaining strong operational continuity and compliance with environmental standards. They prioritize sustainability, making them a responsible and forward-thinking partner in the oil and gas industry.

Price

$4,400,000

Cap Rate

7.50%

PREMISES

3,956 SF

RENEWAL OPTIONS

4 x 5 Year Options

Lease Expiration

12/28/2038

Lease Type

NNN

RENTAL INCREASES

10% Every 5 Years From Commencement

BROKERS

List with SIG

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