20-Year Absolute NNN Gas Station & C-Store | 2% Annual Rent Increases | Backed by 700-Unit Operator ($700M Revenue)
Presenting an exceptional single-tenant commercial real estate investment opportunity: a freestanding 1,716-square-foot service station and convenience store situated on a prime 0.43-acre commercial parcel. Secured by a brand-new 20-Year Absolute NNN Lease, this asset offers investors zero landlord responsibilities, making it an ideal choice for 1031 exchange buyers seeking predictable, hands-off income.
The lease is backed by an industry-leading 700-unit operator generating over $700 million in annual revenue, offering extraordinary credit strength and operational stability. To serve as an effective hedge against inflation, the lease features scheduled 2% annual rental increases throughout the entire 20-year primary term.
Strategically located along North Harvey Road with 174 feet of direct street frontage, the property benefits from excellent visibility, dedicated pylon signage, and smooth ingress/egress. Furthermore, as a qualified service station property, the asset offers eligibility for Bonus and Accelerated Depreciation under IRC guidelines (consult your CPA for specific tax advice).
Key Investment Highlights
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20-Year Absolute NNN Lease: Enjoy two decades of completely passive income with zero landlord obligations—the tenant directly handles taxes, insurance, building structure, and maintenance.
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Strong Corporate Credit Profile: Guaranteed by an established 700-unit operator generating $700M+ in annual revenue, providing high-level financial backing and rent security.
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Built-in Inflation Protection: Features scheduled 2% annual rent escalations, boosting compounding yield each year of ownership.
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Bonus Depreciation Eligibility: Service station setup allows qualified buyers to take advantage of accelerated/bonus depreciation, maximizing first-year tax shelter benefits (contact CPA for details).
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Prime Commercial Arterial: Positioned with 174 feet of direct frontage on North Harvey Road, featuring prominent pylon signage and a high-capacity parking ratio of 6.41 spaces per 1,000 SF (11 spaces).
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Efficient Operating Footprint: A well-maintained 1,716 SF Class C retail building on a 0.43-acre commercial lot with a 0.09 Floor Area Ratio (FAR), providing ideal customer flow and fuel maneuverability.
Comprehensive Property Specifications
| Property Parameter |
Value / Details |
| Property Type |
Commercial Retail (Service Station / C-Store) |
| Tenancy |
Single Tenant (100% Occupied) |
| Lease Structure |
Absolute NNN (Zero Landlord Responsibilities) |
| Primary Lease Term |
20 Years |
| Rent Escalations |
2% Annual Increases |
| Tenant Financial Profile |
Leading 700-Unit Operator ($700M+ Annual Revenue) |
| Building Size (GLA) |
1,716 SF |
| Lot Size |
0.43 Acres (18,730 SF) |
| Year Built |
1987 |
| Building Class / Height |
Class C / 1-Story (0.09 FAR) |
| Zoning |
C – Commercial |
| Parking Capacity |
11 Spaces (6.41 Spaces per 1,000 SF Leased) |
| Frontage & Visibility |
174 Feet on North Harvey Road; Pylon Signage Included |
Location Analysis & Asset Valuation
Convenience stores and service stations have proven to be exceptionally durable, e-commerce-resistant commercial assets. Featuring 174 feet of frontage on North Harvey Road, this property benefits from steady local daily traffic and strong local trade demand.
With a major $700M+ operator behind the lease and predictable 2% annual rent increases, this single-tenant net-leased property offers an optimal blend of security, cash-flow growth, and potential tax savings for real estate portfolios.
Contact the listing broker today for complete financial details, rent schedules, and the full Offering Memorandum.