Listed by Stream Capital Partners
$2,395,000
GPM Investments
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 4,544
Cap Rate 6.35%
NOI $152,035
Tenancy Single
Lease Type Absolute NNN
Remaining Term 17
Rent Bumps Yes
Lease Options 6, 5 Year Options
Year Built 1985
Year Renovated 2020
Acreage 1.890
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Strong Local C&G Operator | Asset Qualifies for 100% Bonus Depreciation
Investment highlights
- LONG-TERM COMMITMENT: The Property is a rare fee simple convenience store subject to a lease with 17 years remaining in the primary term and six (6) 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.
- BONUS 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.
- NEARBY NATIONAL RETAILERS: The Property is positioned in close proximity to strong national retailers including Walmart, Taco Bell, Tractor Supply, Walgreens, and Arby’s
Listing Contacts
Listed by Stream Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,035.00
$12,669.58/mo
Valuation Metrics
0
DSCR
6.35%
Cap Rate
6.35%
ROI
Map
Zoning
C-3 CommercialNeighborhood CommercialRegional Commercial
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View all 118 uses Last updated Dec 12, 2025 For deeper zoning details, reports are available at Zoneomics
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