Kent Kwik Gas Station - Midland TX

Prime Commercial Investment Opportunity: Kent Kwik Gas Station & C-Store in Midland, TX

Anchor Point Capital is pleased to present the exclusive investment opportunity to acquire a single-tenant Kent Kwik gas station and convenience store located at a prime signalized intersection in Midland, Texas. Operating under an Absolute NNN lease, this offering provides investors with a completely passive income stream featuring zero landlord responsibilities. Backed by a strong corporate guaranty from The Kent Companies—a prominent operator with over 100 locations across eight states—this asset offers unmatched security and steady growth in a high-demand market.

Investment Overview & Financial Highlights

This high-performing commercial property yields an attractive 7.00% Cap Rate with a Net Operating Income (NOI) of $421,116. The initial 15-year lease commenced on December 17, 2021, and runs through December 01, 2036, leaving 10+ years of remaining primary term. The lease structure includes predictable financial growth driven by 1.50% annual rent escalations throughout the primary term and extending through four individual 5-year renewal options.

• Purchase Type: Absolute NNN Lease (Zero Landlord Responsibilities)

• Cap Rate: 7.00%

• Net Operating Income (NOI): $421,116

• Remaining Term: ~10.3 Years (Expiration: 12/01/2036)

• Options: Four (4) 5-Year Options with 1.5% Annual Increases

• Guarantor: The Kent Companies (Corporate)

• APN: R000014447

Property Specs & Asset Features

Built in 1985, this 2,300-square-foot retail unit is situated on a prominent 0.69-acre hard-corner lot. The facility features exceptional street visibility, seamless access points, and 8 dedicated fueling positions to serve heavy local traffic.

• Building Size: 2,300 SF

• Lot Size: 0.690 Acres

• Fueling Positions: 8 Pumps

• Stories: 1

Strategic Location & Superior Midland Demographic Advantages

Positioned at the bustling hard corner of Garfield St and Wadley Ave, the property benefits from exceptional exposure to 41,800 cars per day. Located in the epicenter of the Permian Basin, Midland stands as a premier regional economic hub driving immense local purchasing power.

• Unmatched Demographics: Over 10,000 residents live within a 1-mile radius, boasting an exceptional Average Household Income exceeding $147,000.

• Leading Economic Hub: The Midland MSA features a Per Capita Income of $143,469—ranking 2nd highest in the entire nation.

• Rapid Regional Growth: The Midland MSA population expanded 8.1% between 2020 and 2026, reaching over 193,000 residents.

• Core Energy Economy: The Permian Basin supports over 940,000 U.S. jobs and hosts more than 44% of all active domestic drilling rigs.

• Aerospace Innovation: Home to the Midland International Air & Space Port, the nation's first FAA-licensed co-located commercial spaceport.

Broker Contact Information

To request a full Offering Memorandum or discuss purchase details, reach out to the Anchor Point Capital listing team:

• Ned Skinner – nskinner@anchorpointcapital.com

• Chandler Dignam – cdignam@anchorpointcapital.com

• Jacob Sparks – jsparks@anchorpointcapital.com