Auto Service - Gas-Conv
Sinclair
4701 E Superior St, Duluth, MN 55804
Listing Price: $1,900,000
Cap Rate
8.00%
Tenant Name
Sinclair
Years Remaining On Lease
19.8
Gross SF
1,740
Guarantor
Personal Guarantee
Rentable SF
1,740
Price/Gross SF
$1,091.95
Lease Type
Absolute Net
Rent Per Square Feet
$87.36
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a portfolio of four gas stations in Duluth MSA
Exclusively Listed By
Broker of Record
Listing Price: $1,900,000
Cap Rate
8.00%
Tenant Name
Sinclair
Years Remaining On Lease
19.8
Gross SF
1,740
Guarantor
Personal Guarantee
Rentable SF
1,740
Price/Gross SF
$1,091.95
Lease Type
Absolute Net
Rent Per Square Feet
$87.36
Investment Highlights
- 20-YEAR MASTER LEASE WITH EXPERIENCED OPERATOR
- STRONG FINANCIAL PERFORMANCE WITH HEALTHY COVERAGE RATIOS
- BONUS DEPRECIATION ELIGIBLE
- STRATEGIC NORTHERN MINNESOTA MARKET COVERAGE
- DIVERSIFIED SITE PROFILES WITH STABLE OPERATIONS
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a portfolio of four gas stations in Duluth MSA
Exclusively Listed By
Broker of Record
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