Auto Service - Gas-Conv
CITGO Gas &C- Store
N 6947 WI-89, Lake Mills, WI 53551
Listing Price: $3,283,000
Cap Rate
8.12%
Tenant Name
CITGO
Years Remaining On Lease
16.8
Gross SF
9,630
Guarantor
Personal Guarantee
Rentable SF
9,630
Price/Gross SF
$340.91
Lease Type
Absolute Net
Rent Per Square Feet
$27.69
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a CITGO in Lake Mills, WI.
Investment Highlights
- 16.5+ YR ABSOLUTE NNN LEASE
- EXPERIENCED 75 UNIT OPERATOR
- LOCATED OFF MAJOR INTERSTATE (40K VPD)
- 10 DIESEL PUMPS | 8 GAS PUMPS
- 1.5% ANNUAL RENT INCREASES | 100% BONUS DEPRECIATION
Exclusively Listed By
Broker of Record
-
Todd Lindblom
Senior Managing Director, Market Leader- Milwaukee/Minneapolis
Listing Price: $3,283,000
Cap Rate
8.12%
Tenant Name
CITGO
Years Remaining On Lease
16.8
Gross SF
9,630
Guarantor
Personal Guarantee
Rentable SF
9,630
Price/Gross SF
$340.91
Lease Type
Absolute Net
Rent Per Square Feet
$27.69
Investment Highlights
- 16.5+ YR ABSOLUTE NNN LEASE
- EXPERIENCED 75 UNIT OPERATOR
- LOCATED OFF MAJOR INTERSTATE (40K VPD)
- 10 DIESEL PUMPS | 8 GAS PUMPS
- 1.5% ANNUAL RENT INCREASES | 100% BONUS DEPRECIATION
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a CITGO in Lake Mills, WI.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
Senior Managing Director, Market Leader- Milwaukee/Minneapolis