Auto Service - Gas-Conv
Express Lane / CrossAmerica Partners | 20+ year operating history | Surrounding Parcels Available
1602 W Tharpe St, Tallahassee, FL 32303
Listing Price: $956,000
Investment Overview
Express Lane / CrossAmerica Partners Lease Information • Long Operating History - Since 2001 • Absolute NNN Ground Lease - No Landlord responsibilities • One 5-year option remaining • 10% rent bumps in option periods • CrossAmerica Partners (NYSE: CAPL) acquired Express Lane Inc. in December of 2012 Long
Express Lane / CrossAmerica Partners | 20+ year operating history | Surrounding Parcels Available
Investment Highlights
- • Long Operating History - Since 2001 • Absolute NNN Ground Lease - No Landlord responsibilities •One 5-year option remaining • 10% rent bumps in option
- CrossAmerica Partners (NYSE: CAPL) acquired Express Lane Inc. in December of 2012
- • Located on the signalized intersection of Tharpe St. (18,600 VPD) and High Rd. (12,000 VPD). •Built in customer base: Florida State University (1.5-miles) Amos Godby High School (0.2-miles)
Exclusively Listed By
Financing By
Auto Service - Gas-Conv
Express Lane / CrossAmerica Partners | 20+ year operating history | Surrounding Parcels Available
Listing Price: $956,000
Investment Highlights
- • Long Operating History - Since 2001 • Absolute NNN Ground Lease - No Landlord responsibilities •One 5-year option remaining • 10% rent bumps in option
- CrossAmerica Partners (NYSE: CAPL) acquired Express Lane Inc. in December of 2012
- • Located on the signalized intersection of Tharpe St. (18,600 VPD) and High Rd. (12,000 VPD). •Built in customer base: Florida State University (1.5-miles) Amos Godby High School (0.2-miles)
Investment Overview
Express Lane / CrossAmerica Partners Lease Information • Long Operating History - Since 2001 • Absolute NNN Ground Lease - No Landlord responsibilities • One 5-year option remaining • 10% rent bumps in option periods • CrossAmerica Partners (NYSE: CAPL) acquired Express Lane Inc. in December of 2012 Long
Exclusively Listed By
Financing By
