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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

  • Julia Evinger

    Managing Director Investments

    (317) 218-5300

    License(s) IN: RB14040143

    Indiana

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

  • Julia Evinger

    Managing Director Investments

    (317) 218-5300

    License(s): IN: RB14040143

    Indiana

Financing By

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