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206 N Hudson St
Silver City, NM 88061

$1,402,500 USD

Service Station For Sale  •  2,450 SF

Property Details

  • Property Type Service Station
  • Total Building Size 2,450 SF
  • Lot Size 0.36 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 8.00 %
  • Tenancy Single
0 Transit Score
73 Walk Score

Highlights

This Deal Features a 20 Year Absolute Triple Net Lease, Placing All Responsibility on the Tenant (Zero Landlord Responsibility)
The Lease Incorporates 2% Annual Rent Escalation, Allowing the Landlord to Benefit From the Growth in Property Value
Fast Stop, a Reputable Tenant With a Robust Portfolio, is Growing at a Sustainable Pace While Upholding
Fast Stops's Impressive Portfolio Contributes to an Outstanding Rent Coverage Ratio
The Lease is Guaranteed Corporately By Fast Stop Management and Personally By Fast Stop CEO
C-Store Investments Offer Increased Depreciation Expenses Providing For a Major Tax Incentive Bonus (Consult Your CPA)
Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Fast Stop 2,450 SF 12/31/2043
Matt Sawyer 678-713-4959 Sands Investment Group Atlanta, LLC
Matt Sawyer 678-713-4959 Sands Investment Group Atlanta, LLC