Service Station For Sale • 978 SF
Approx. 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty by 7-Eleven, Inc. (A - Rated) |
7.5% Rental Increases Every 5 Years with Multiple Renewal Options |
Site Includes a Sierra Express/7-Eleven Convenience Store and 4 Fueling Stations |
Signalized Hard Corner Location, Visible to 30,500+ Cars per Day Along Grass Valley Highway |
Property Qualifies for 40% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation |
Located Right Off the I-80 Freeway (71,000+ Cars per Day), Providing a Direct Route to Sacramento to the Southwest and Lake Tahoe to the Northeast |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Auburn-Conheim (Capitol Corridor - Capitol Corridor Joint Powers Authority) | 1 min | 6 min | 0.4 mi |
Auburn Amtrak (Capitol Corridor - Amtrak) | 1 min | 7 min | 0.4 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 3 |
Type: | Surface |
Included in Rent: | Yes |