Mobil & Car Wash

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Mobil & Car Wash investment property located in Barstow, California.​ The tenant, Mobil recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site.​ The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation.​ The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.​ The site features a Mobil Gas Station, as well as a car wash on property.​ This property is a strong performing store, please contact agent for details.​

The property is located along E Main St, which averages 50,000 vehicles passing by daily and is a major retail thoroughfare serving the city of Barstow.​ The site is positioned adjacent to Interstate 15, a major east/west travelling highway with over 70,000 VPD.​ Additionally, the gas station is located near the on/off ramp of Interstate 40, another east/west travelling thoroughfare with 22,000 VPD.​ Furthermore, the Mobil & Car Wash are located adjacent to Barstow Shopping Center, a 97,000 square foot center anchored by 99 Cents Only Stores that also features national/credit tenants including Big 5 Sports, Wells Fargo, and more.​ Moreover, the asset is located across E Main St from an Aaron’s and Family Dollar anchored center that also features an Anytime Fitness.​ The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, Stater Bros, Food4Less, RAC, Marshalls, Harbor Freight Tools, and more, further increasing consumer traffic to the site.​ The 5-mile trade area is supported by a population of over 29,600 with an average household income of $79,181.​

• ​

  Brand New 15-Year Lease | Options To Extend | Scheduled Rental Increases | Strong Performing Store

• ​

  Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities

• ​

  Interstate 15 | Interstate 40 | Barstow Shopping Center (97,000 SF) | Aaron’s & Family Dollar Anchored Center | Primary Retail Corridor | Propane Fuel Sold On-Site

• ​

  Strong Demographics in 5-Mile Trade Area