FAS MART (GPM)
8.00% CAP | ABSOLUTE NNN | 100% BONUS DEPRECIATION | CAR WASH
Marketing description
Introducing FAS MART, a prime investment opportunity located in Rockford, IL, the 5th largest MSA in IL. This ±4,539 SF property boasts an Absolute NNN lease, with attractive 7.5% rental escalations every 5-years providing a hedge against inflation.
The lease features a strong corporate guarantee, backed by credit rated parent company ARKO Corp., operated through its wholly owned subsidiary GPM Investments, LLC, the 6th largest Convenience Store chain in the country with nearly 3,200 locations .
Fee simple ownership of a gas station provides investors with the chance to leverage the Accelerated Bonus Depreciation Model (Consult your CPA).
Investment highlights
ABSOLUTE NNN LEASE
Zero Landlord Responsibilities as the tenant is directly responsible for all CAM, Taxes, Insurance, as well as Roof and Structure, providing investors with a hands-off passive investment opportunity.
CORPORATE GUARANTEE
Backed by Parent Company ARKO Corp., operated through its wholly owned subsidiary: GPM Investments, LLC, the 6th largest Convenience Store Chain in the country.
ATTRACTIVE RENTAL ESCALATIONS
There are approximately 1.1 Years remaining on the lease featuring Six (6), 5-Year Options to renew with attractive 7.5% Rental Increases every 5-years in Primary Term & Option Periods to hedge against inflation
ROCKFORD, IL MSA
The 5th largest City in Illinois, home to nearly 150,000 people. Its economy is fueled by a diverse range of industry sectors, including aerospace, automotive logistics, healthcare, and advanced manufacturing.
POTENTIAL 100% BONUS DEPRECIATION IN YEAR ONE
Fee simple ownership of a Gas Station provides the landlord the opportunity to use the Accelerated Bonus Depreciation Model (Consult with your CPA).
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