Auto Service - Gas-Conv
10144 Colesville Rd
10144 Colesville Rd, Silver Spring, MD 20901
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer for sale a portfolio of two well-established service stations –SHELL and BP- located in the bustling area of Silver Spring, Maryland.
Shell Station is located at 10144 Colesville Road, Silver Spring, Maryland with AADT (Annual Average Daily Traffic) of 70,444. The Shell Station has a newly remodeled convenience store, 3 service bays, and 4 pumps service up to 8 vehicles. Shell Station is NN leased to a local operator with PEH (Potomac Energy Holdings, LLC) guarantee of income $500/day as manager compensation. Current lease and PEH contract both has a buyout option. Operator has a 30 days Right of First Refusal.
BP Station is located at 10226 New Hampshire Avenue, Silver Spring, MD with AADT (Annual Average Daily Traffic) of 71,512. The BP Station has a convenience store, 3 service bays, and 4 pumps service up to 8 vehicles. BP Station is NNN leased to a PMG (Petroleum Marketing Group, Inc) with corporate guarantee. Lease has buyout option and NO Right of First Refusal.
This portfolio represents a rare chance to secure two premium gas station assets in a thriving market. It offers a multitude of value creation strategies to investors and owner-operators.
Investment Highlights
- NN LEASE | PEH | TASHI TSERING
- ONE (1) FIVE (5) YEAR OPTION
- LEASE TERMINATION OPTION
- AADT: 70,444
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- NN LEASE | PEH | TASHI TSERING
- ONE (1) FIVE (5) YEAR OPTION
- LEASE TERMINATION OPTION
- AADT: 70,444
Investment Overview
Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer for sale a portfolio of two well-established service stations –SHELL and BP- located in the bustling area of Silver Spring, Maryland. Shell Station is located at 10144 Colesville Road, Silver Spring, Maryland with AADT (Annual Average Daily Traffic) of 70,444. The Shell Station has a newly remodeled convenience store, 3 service bays, and 4 pumps service up to 8 vehicles. Shell Station is NN leased to a local operator with PEH (Potomac Energy Holdings, LLC) guarantee of income $500/day as manager compensation. Current lease and PEH contract both has a buyout option. Operator has a 30 days Right of First Refusal. BP Station is located at 10226 New Hampshire Avenue, Silver Spring, MD with AADT (Annual Average Daily Traffic) of 71,512. The BP Station has a convenience store, 3 service bays, and 4 pumps service up to 8 vehicles. BP Station is NNN leased to a PMG (Petroleum Marketing Group, Inc) with corporate guarantee. Lease has buyout option and NO Right of First Refusal. This portfolio represents a rare chance to secure two premium gas station assets in a thriving market. It offers a multitude of value creation strategies to investors and owner-operators.