Auto Service - Gas-Conv
GPM Investments | 20+ Year Operating History | New 10-Year Lease Extension | Corporate Guaranty
1807 Lincolnway E, South Bend, IN 46613
Listing Price: $1,385,000
Cap Rate
6.50%
Tenant Name
GPM Investments, LLC
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
2,089
Lease Type
Absolute Net
Rent Per Square Feet
$43.08
Investment Overview
Marcus & Millichap is pleased to present a GPM Investments, LLC gas station located in South Bend, Indiana.
Investment Highlights
- New 10-Year Lease Extension | 20 Plus Year Operating History
- Absolute Triple-Net Lease | 2.00 Percent Annual Rent Increases
- Corporate Guaranty from GPM Investments, LLC (Over 1,400 Units)
- Eligible for 100 Percent Bonus Depreciation in 2026
Exclusively Listed By
Broker of Record
Financing By
Auto Service - Gas-Conv
GPM Investments | 20+ Year Operating History | New 10-Year Lease Extension | Corporate Guaranty
Listing Price: $1,385,000
Cap Rate
6.50%
Tenant Name
GPM Investments, LLC
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
2,089
Lease Type
Absolute Net
Rent Per Square Feet
$43.08
Investment Highlights
- New 10-Year Lease Extension | 20 Plus Year Operating History
- Absolute Triple-Net Lease | 2.00 Percent Annual Rent Increases
- Corporate Guaranty from GPM Investments, LLC (Over 1,400 Units)
- Eligible for 100 Percent Bonus Depreciation in 2026
Investment Overview
Marcus & Millichap is pleased to present a GPM Investments, LLC gas station located in South Bend, Indiana.
Exclusively Listed By
Broker of Record
Financing By