Listed by Stream Capital Partners
$1,354,000
GPM Investments
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 3,647
Cap Rate 5.85%
NOI $79,209
Tenancy Single
Brand/Tenant 7-Eleven, Take 5 Oil Change
Remaining Term 18
Lease Options 4, 5 Year Options
Year Built 1986
Year Renovated 2021
Acreage 0.290
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
GPM Investments Guaranty l 1,400 Units | Bonus Depreciation Eligible
Investment highlights
- LONG-TERM COMMITMENT: The Property is a rare fee simple convenience store subject to a lease with 18 years remaining in the primary term and four (4) five-year renewal options.
- STRONG CORPORATE GUARANTEE: The lease is backed by GPM Investments, a leading convenience store operator with approximately 1,400+ company-operated locations and a broader network exceeding 3,000 sites nationwide
- RENTAL INCREASES: Lease offers 2% annual increases providing a strong hedge against inflation.
- DEPRECIATION: The asset is eligible for 100% bonus depreciation, enabling accelerated depreciation and improved early-year cash flow.
- ZERO LANDLORD RESPONSIBILITIES: Tenant operates under an absolute NNN lease structure, ensuring true passive ownership for investors. All expenses—including taxes, insurance, maintenance, and repairs—are fully covered by the tenant, providing stable income throughout the lease term.
- PROXIMITY TO LOCAL SCHOOL CAMPUS: The Property is strategically located just one block from Ubly Community Schools, a consolidated K–12 campus serving approximately 600+ students and faculty, providing a consistent daily traffic driver and strong visibility from nearby student, staff, and parent activity.
Listing Contacts
Listed by Stream Capital Partners
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,209.00
$6,600.75/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
