Auto Service - Gas-Conv
76 C-Store & Gas | Bonus Depreciation - Year End Close | 20 Yr Abs. NNN Lease w/ Annual Increases
752 US-21, Ridgeway, SC 29130
Listing Price: $672,107
Cap Rate
7.50%
Tenant Name
76
Years Remaining On Lease
19.7
Guarantor
Corporate Guarantee
Rentable SF
1,558
Lease Type
Absolute Net
Rent Per Square Feet
$32.35
Investment Overview
76 C-Store & Gas | Bonus Depreciation - Year End Close | 20 Yr Abs. NNN Lease w/ Annual Increases
76 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
76 C-Store & Gas | Bonus Depreciation - Year End Close | 20 Yr Abs. NNN Lease w/ Annual Increases
Listing Price: $672,107
Cap Rate
7.50%
Tenant Name
76
Years Remaining On Lease
19.7
Guarantor
Corporate Guarantee
Rentable SF
1,558
Lease Type
Absolute Net
Rent Per Square Feet
$32.35
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
76 C-Store & Gas | Bonus Depreciation - Year End Close | 20 Yr Abs. NNN Lease w/ Annual Increases
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