Auto Service - Gas-Conv
BP C-Store & Gas | Bonus Depreciation - Year End Close | 20 Yr Abs. NNN Lease w/ Annual Increases
10354 Dunbarton Blvd, Barnwell, SC 29812
Listing Price: $5,640,291
Cap Rate
6.75%
Tenant Name
BP
Years Remaining On Lease
20.3
Gross SF
2,800
Guarantor
Franchisee Guarantee
Rentable SF
2,800
Price/Gross SF
$2,014.39
Lease Type
Absolute Net
Rent Per Square Feet
$135.97
Investment Overview
Barnwell is a city in and county seat of Barnwell County, South Carolina, located along U.S. Route 278. Barnwell County is part of the Augusta-Richmond County, GA-SC Metropolitan Statistical Area. It is located in the Central Savannah River Area.
BP C-Store & Gas | Bonus Depreciation - Year End Close | 20 Yr Abs. NNN Lease w/ Annual Increases
Investment Highlights
- 20 Year Absolute Net Sale Leaseback Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
- Highly Experienced Operator w/ 42 units will do Business as Pops Mart Fuels LLC. The Company is committed to grow the Chain into a Regional Company by Expanding the Brand throughout the Southeast US.
- Substantially Below Replacement Cost. Recession and Internet Resistant Resistant Retailer with Attractive Industry Dynamics.
- 80% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model. Recommend Consulting your Accountant or Tax Advisor.
- Prime Location in Growing Southeast Metro Market. Situated in Hard Corner Location - Feature Easy Access and Excellent Visibility along Major Thoroughfare.
Auto Service - Gas-Conv
BP C-Store & Gas | Bonus Depreciation - Year End Close | 20 Yr Abs. NNN Lease w/ Annual Increases
Listing Price: $5,640,291
Cap Rate
6.75%
Tenant Name
BP
Years Remaining On Lease
20.3
Gross SF
2,800
Guarantor
Franchisee Guarantee
Rentable SF
2,800
Price/Gross SF
$2,014.39
Lease Type
Absolute Net
Rent Per Square Feet
$135.97
Investment Highlights
- 20 Year Absolute Net Sale Leaseback Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
- Highly Experienced Operator w/ 42 units will do Business as Pops Mart Fuels LLC. The Company is committed to grow the Chain into a Regional Company by Expanding the Brand throughout the Southeast US.
- Substantially Below Replacement Cost. Recession and Internet Resistant Resistant Retailer with Attractive Industry Dynamics.
- 80% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model. Recommend Consulting your Accountant or Tax Advisor.
- Prime Location in Growing Southeast Metro Market. Situated in Hard Corner Location - Feature Easy Access and Excellent Visibility along Major Thoroughfare.
Investment Overview
Barnwell is a city in and county seat of Barnwell County, South Carolina, located along U.S. Route 278. Barnwell County is part of the Augusta-Richmond County, GA-SC Metropolitan Statistical Area. It is located in the Central Savannah River Area.
