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4590 S Reservoir RdCentennial, CO 80015
Mobil Gas & C-Store
Asset ClassRetail
Cap Rate8%
Deal Size: $2.83 MNet Operating Income: $226.8 ThousandSquare Feet: 3,229Access Data Room
20-Year Sale Leaseback Mobil Gas & C-Store
overview of deal

Overview

Price: $2,835,000

Cap Rate: 8.00%

Tenant: Mobil One LLC

Lot Size (AC): 0.86

Building Size (SF): 3,229

Year Built: 2007

Remaining Lease Term: 20 Years

Lease Type: Absolute Triple-Net (NNN)

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Investment Highlights

Land
0.86 Acres
Year Built
2007
MSA
Denver
  • 20-Year Sale Leaseback with 10% Rent Increases Every 5 Years and 4 x 5-Year Options
  • Multi-Facet Service Station - 12 Pumps, Convenience Store, Mr. Taco Restaurant, and U-Haul Neighborhood Dealer Providing Multiple Streams of Income to the Tenant
  • Guaranteed by Experienced 3-Unit Service Station Operator
  • Strong Surrounding Demographics and Growth - $119,619 AHHI and 25.02% Population Growth in 1-Mile Radius
  • Adjacent to Autowash - Synergistic Car Wash Operator Driving Traffic to Subject Property
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4590 S Reservoir RdCentennial, CO 80015

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