Auto Service - Gas-Conv
Exxon C-Store & Gas | Bonus Depreciation - Year End Close | 20 Yr Abs. NNN Lease w/ Annual Increases
519 Main St N, New Ellenton, SC 29809
Listing Price: $4,436,230
Cap Rate
6.75%
Tenant Name
Exxon
Years Remaining On Lease
20.3
Gross SF
2,160
Guarantor
Franchisee Guarantee
Rentable SF
2,160
Price/Gross SF
$2,053.81
Lease Type
Absolute Net
Rent Per Square Feet
$138.63
Investment Overview
New Ellenton is a city in Aiken County, South Carolina, and is part of the Augusta, Georgia metropolitan area.
Exxon 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
Exxon C-Store & Gas | Bonus Depreciation - Year End Close | 20 Yr Abs. NNN Lease w/ Annual Increases
Listing Price: $4,436,230
Cap Rate
6.75%
Tenant Name
Exxon
Years Remaining On Lease
20.3
Gross SF
2,160
Guarantor
Franchisee Guarantee
Rentable SF
2,160
Price/Gross SF
$2,053.81
Lease Type
Absolute Net
Rent Per Square Feet
$138.63
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
New Ellenton is a city in Aiken County, South Carolina, and is part of the Augusta, Georgia metropolitan area.
