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32005509
32005507

10050 Stirling Rd, Hollywood, FL 33024

AD
NY 10401294012
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$6,923,077
175 days on market
Updated 37 days ago

Pinnacle Gas | Miami | 22 Year Lease

Details
Property Type Retail
Sub Type Gas Station
Square Footage 1,207
Cap Rate 6.5%
NOI $450,000
Occupancy 100%
Tenancy Single
Brand/Tenant Pinnacle Oil & Gas
Lease Type NNN
Lease Term 22
Lease Expiration 01/31/2047
Remaining Term 20.7
Rent Bumps Yes
Lease Options 4, 5-Year Options
Price per SqFt $5,736
Year Built 1993
Acreage 0.940
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/01/2025
Ground Lease No
Ownership Fee Simple

Pinnacle Gas | Miami | 22 Year Lease

Marketing description

Surmount is pleased to present the exclusive listing for a Pinnacle Oil & Gas located at 10050 Stirling Rd, Cooper City, FL 33024. The site consists of roughly 1,207 rentable square feet of building space on an estimated 0.94-acre parcel of land. This Pinnacle Oil & Gas is subject to a 22-year Triple Net (NNN) lease, which commenced 2/1/2025. The current annual rent is $450,000 and has scheduled increases of 2% annually starting February 2027.

Investment highlights

  • This Site Qualifies for Bonus Depreciation | The site qualifies for bonus depreciation, further enhancing its attractiveness due to the associated tax efficiencies.

  • Absolute Triple Net Lease with No Landlord Responsibilities | Pinnacle Oil & Gas is under a brand-new 22-year absolute triple net lease, placing all expenses on the tenant and eliminating landlord responsibilities. This structure ensures investors receive predictable, passive income with long-term stability.

  • Attractive 2% Annual Rental Increases | The lease includes 2% annual rent increases during the 22-year base term and each of the four 5-year option periods. This predictable escalation structure supports long-term income growth and provides a hedge against inflation.

Listing Contacts

AD
NY 10401294012
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$450,000.00
$37,500.00/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Brian Brockman
License
BK3327646
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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