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26941380
26941379

120 Montmorenci Rd, Ridgway, PA 15853

TG
PA ABR002166, NY 10301211317
Northmarq
Listed by Northmarq
$2,352,941
265 days on market
Updated 53 days ago

Fuel On

Details
Property Type Retail
Sub Type Gas Station
Square Footage 2,600
Cap Rate 8.50%
NOI $200,000
Tenancy Single
Brand/Tenant Fuel On
Lease Type Absolute NNN
Lease Term 20
Rent Bumps Yes
Lease Options Four, 5-Year
Acreage 0.480
Ownership Private

100& Bonus Depreciation | 8.50% CAP | 2,600 SqFt

Marketing description

Northmarq is pleased to present Fuel On, a 2,600 square foot gas station located in Ridgeway, PA.

Investment highlights

STRONG GUARANTY
The lease is guaranteed by growing, 36 unit operator. Corporate financials available for review.

EXCELLENT HISTORICAL FINANCIAL PERFORMANCE
The site has a long history of success and growing profitability. Trailing 3 years of site level financials available for review.

BONUS DEPRECIATION
The site qualifies for accelerated depreciation and bonus depreciation (100% in Year 1). Please consult with your CPA growing profitability.

SCHEDULED RENT BUMPS
The proposed lease includes scheduled rental increases of 2.5% annually, helping to protect investor returns against inflation.

LONG-TERM LANDLORD FAVORABLE LEASE
The lease is 20 years, Absolute NNN, providing the owner with a truly passive investment. The tenant’s responsibilities include property maintenance, insurance, and taxes.

EXPERIENCED OPERATOR
The management team has extensive experience operating retail gas and convenience stores.

Listing Contacts

TG
PA ABR002166, NY 10301211317
Northmarq
Listed by Northmarq

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$200,000.00
$16,666.67/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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Additional Information

Name
Thomas Georges
License
PA Lic #RMR003441
Brokerage Phone
646.778.5560
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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