Shell Gas Station

Highlights:

• Attractive Seller Financing Available – Seller is offering attractive seller financing terms, providing buyers with enhanced cashflow flexibility and the opportunity to acquire the Subject Property with a small down payment. Contact Broker for details.
• Absolute NNN Lease – Tenant is responsible for all taxes, insurance, and maintains all aspects of the gas station providing an ideal management-free investment for a passive investor.
• National Branded Gas Station – Subject Property features an existing gas station leased to Shell, a national brand fuel supplier with eight (8) gas pumps on site.
• Major Tax and Depreciation Advantages – Gas stations typically qualify for accelerated depreciation (Cost Segregation) tax benefits to enhance after-tax cash flow. Consult with your CPA for more information.
• Large Convenience Store – Subject Property features a large 2,200 square foot convenience store that sells Beer, Tobacco, and Lotto.
• Strong Rental Increases – There are three percent (3%) annual rent increases throughout the lease term and a fair market value rent increase at the upcoming option, offering rental upside and an excellent hedge against inflation.
• Strong Coastal Real Estate Fundamentals – Subject Property offers strong visibility and is strategically situated off exit 507 of the Cabrillo Hwy. McDonald’s, Walgreens, Safeway, and other national credit retail tenants are within immediate proximity.
• Highly Trafficked Shell Station – Subject Property experiences over 52,500 cars per day on the Cabrillo Hwy, creating opportunity for increased traffic counts and store sales.
• High Barriers to Entry Market – The property is located within a dense trade area just blocks from the ocean, with an average household income of $181,034 within a one (1)-mile radius of the Subject Property.

Documents: