5 Gas Station Sale- Leaseback Acquisition
Henderson & Dawson, TX
The PetroMax Gas Station Portfolio is a five-location investment spanning Dawson and Henderson, TX. Anchored by long-term, 15-year absolute NNN leases with Exxon-branded fuel stations, these properties are strategically located along major highways, bolstering regional logistics and connectivity across East Texas.
The portfolio began with the acquisition of a high-performing convenience store in Dawson, TX—the only gas station in the area. This property, directly purchased from the operator, was secured under a 15-year absolute NNN lease, ensuring stability and strong returns.
Shortly after, Criterion expanded the portfolio with the addition of four Exxon-branded gas stations in Henderson, TX, further diversifying the investment and strengthening its regional presence.
Acquired: 7/18/24 & 10/31/24