Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage
$9,229,000
Eagle Gas - Pike Road AL
Details
APN 08-05-15-0-002-003.001
Property Type Retail
Sub Type Gas Station
Square Footage 7,647
Cap Rate 7.15%
NOI $660,000
Tenancy Single
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options 3 (5-Year)
Broker Co-Op Yes
Year Built 2021
Year Renovated 2022
Buildings 1
Stories 1
Acreage 1.720
Zoning General Commercial
Parking Spaces 45 spaces
Parking Per SqFt 5.88
Investment Type Net Lease
Ground Lease No
Ownership Fee Simple
Sale Condition Sale for leaseback
Retail | 7.15% CAP | 7,647 SqFt
Investment highlights
- Brand New 15-Year Lease | Annual Rental Increases | Options to Extend
- Absolute NNN Sale-Leaseback | Fee Simple Ownership | Zero Landlord Responsibilities
- Off I-85 | Near Hwy-80 | Strong National/Credit Tenant Presence | Nearby Home Developments
- Ideal Demographics in 5-Mile Trade Area | Six-Figure Incomes
Listing Contacts
Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$660,000.00
$55,000.00/mo
Valuation Metrics
0
DSCR
7.15%
Cap Rate
7.15%
ROI
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