Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners - Global Company
$5,263,000
Terrible's Travel Center
Details
APN 139-11-401-008
Property Type Retail
Sub Type Gas Station
Square Footage 9,565
Cap Rate 4.75%
NOI $250,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 12/01/2044
Remaining Term 18.5
Rent Bumps Yes
Lease Options 6 (5-Year)
Price per SqFt $550
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 3.450
Zoning M-2 General Industrial
Parking Spaces 101 spaces
Parking Per SqFt 10.56
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/10/2024
Ground Lease Yes
Ownership Leased Fee
Retail | 4.75% CAP | 9,565 SqFt
Investment highlights
- 20-Year Ground Lease | Options To Extend | Scheduled Rental Increases | New Construction with Tavern & Gaming
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Excellent Visibility & Access | Dense Retail Corridor | I-15 Corridor
- Strong Demographics In 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners - Global Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$250,000.00
$20,833.33/mo
Valuation Metrics
0
DSCR
4.75%
Cap Rate
4.75%
ROI
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