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Auto Service - Gas-Conv

Shell Gas Station

10645 State Bridge Rd, Alpharetta, GA 30022

Listing Price: $2,509,000

Cap Rate
5.50%
Tenant Name
Zidan Food Mart, LLC
Years Remaining On Lease
14.2
Gross SF
3,425
Guarantor
Personal Guarantee
Rentable SF
3,425
Price/Gross SF
$732.55
Lease Type
Absolute Net
Rent Per Square Feet
$40.29

Investment Overview

Shell Oil Company is the United States-based wholly owned subsidiary of Royal Dutch Shell, which is amongst the largest oil companies in the world. Headquartered in Houston, Texas with approximately 22,000 Shell employees in the U.S. and 25,000 Shell-branded gas stations, Shell Oil Company (including its consolidated companies and its share in equity companies) is one of America’s largest oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers.

Alpharetta is a city in northern Fulton County, Georgia, part of the Atlanta metropolitan area and home to more than 65,800 residents. Known as Georgia’s “Connected City,” Alpharetta is one of the region’s primary business centers and boasts a thriving entertainment and cultural scene. There are nearly 700 businesses located in the city and 25 million square feet of office space.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with 14 Years Remaining
  • 10 Percent Rental Increases Every Five Years
  • 207,090 Residents within a Five-Mile Radius
  • Hard Corner Location Visibility at the Intersection of State Bridge Road and Morton Road [33,664 Cars per Day]
  • Property Qualifies for 60 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
  • Average Household Income Exceeds $175,000 within a Five-Mile Radius
  • Positioned Roughly 22 Miles Northeast of Downtown Atlanta

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Auto Service - Gas-Conv

Shell Gas Station

Listing Price: $2,509,000

Cap Rate
5.50%
Tenant Name
Zidan Food Mart, LLC
Years Remaining On Lease
14.2
Gross SF
3,425
Guarantor
Personal Guarantee
Rentable SF
3,425
Price/Gross SF
$732.55
Lease Type
Absolute Net
Rent Per Square Feet
$40.29

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with 14 Years Remaining
  • 10 Percent Rental Increases Every Five Years
  • 207,090 Residents within a Five-Mile Radius
  • Hard Corner Location Visibility at the Intersection of State Bridge Road and Morton Road [33,664 Cars per Day]
  • Property Qualifies for 60 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
  • Average Household Income Exceeds $175,000 within a Five-Mile Radius
  • Positioned Roughly 22 Miles Northeast of Downtown Atlanta

Investment Overview

Shell Oil Company is the United States-based wholly owned subsidiary of Royal Dutch Shell, which is amongst the largest oil companies in the world. Headquartered in Houston, Texas with approximately 22,000 Shell employees in the U.S. and 25,000 Shell-branded gas stations, Shell Oil Company (including its consolidated companies and its share in equity companies) is one of America’s largest oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers. Alpharetta is a city in northern Fulton County, Georgia, part of the Atlanta metropolitan area and home to more than 65,800 residents. Known as Georgia’s “Connected City,” Alpharetta is one of the region’s primary business centers and boasts a thriving entertainment and cultural scene. There are nearly 700 businesses located in the city and 25 million square feet of office space.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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