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Triple Net Investment Opportunity with tremendous upside and +/- 93.00 acres of land on Highway 80. Long term 20 year absolute NNN lease with built in rent increases. The offering consists of a stunning high volume Truck Stop Plaza on Highway 80 in the beautiful Sierra Mountains, just 15 minutes from the world renowned Boreal Ski Resort. The heavily traveled truck stop plaza includes a Chevron Extra Mile Gas Station; Am Best Truck Stop with Diesel; Subway Restaurant; Truck Repair Shop; Large Truck Parking Area; and Tesla Charging Stations (coming soon!). No competition for miles and on the way to South Lake Tahoe and Reno. Located just 20 miles west of Truckee, CA and 35 miles east of Auburn, CA. Investment may be eligible for accelerated and/or bonus depreciation (consult your CPA to confirm) The tenant is comprised of highly experienced gas station and QSR operators that operate several nationally recognized brands.
Triple Net Investment Opportunity with tremendous upside and +/- 93.00 acres of land on Highway 80.
Large Truck Stop Plaza with Chevron; Am Best Truck Stop; Subway Restaurant; Truck Repair Shop; Large Truck Parking; and Tesla Charging Stations
5.75% Cap Rate | Long Term Absolute NNN Lease | Built In Rent Increases | Tremendous Upside with excess Acreage
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