Service Station For Sale • 1,400 SF
Brand-new 20-year absolute NNN lease featuring 2.5% annual rental increases throughout the base term and options |
Proven location – tenant extended early for an additional 20 years |
Zero landlord expense or maintenance obligations |
Top 20 largest gas operators in the U.S. - $2B revenues |
Top 25% most visited gas station in the country per Placer.ai |
111,400 residents with an average household income of $170,449 within a 5-mile radius of the subject property |
Cap Rate: | 5.75 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Marin Civic Center Smart (Main Line - Sonoma Marin Area Rail Transit) | 3 min | - | 2.5 mi |
Novato Hamilton Smart (Main Line - Sonoma Marin Area Rail Transit) | 6 min | - | 2.6 mi |
Airport | Drive | Walk | Distance |
Metro Oakland International | 48 min | - | 35.7 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Surface |
Included in Rent: | Yes |