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109 S Main St Big Pine, CA 93513

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For Sale
$2,700,000

Long-term NNN lease with attractive annual rental increases.

Property size:
5,737 SF
Lot size:
1.99 Acres

Property Features for 109 S Main St

General Information

Size
5,737 SF
Lot size
1.99 Acres

Source: NNN Pro Group Agent Glen Kunofsky

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

76 Gas Station Convenience Store

This property features a 76 Gas Station and Convenience Store. The investment property will feature a 20-year absolute triple net (NNN) lease upon the close of escrow, offering zero landlord responsibilities. The lease includes annual 2.00% rental increases, providing a hedge against inflation. The property qualifies for a 15-year accelerated depreciation as well as bonus depreciation. This 76 Gas Station and Convenience Store is one of three gas stations within a 15-mile radius.
Insight Report Location Intelligence

Current Use by Public Records

Shell Gas Station TNT Fireworks Store

Suggested Use

Restaurant Auto Repair Shop Gym & Fitness Department Store Storage Facility HVAC Service Hotel & Motel Auto Parts Store Discount Store Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Big Pine
County
Inyo
State
California
Longitude
-118.2899427
Latitude
37.1657983

FAQs

What type of property is this?
Gas station - Long-term NNN lease with attractive annual rental increases.
Where is this gas station located?
The property is located at 109 S Main St Big Pine, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: - Long-Term Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities (20 years); - Attractive Annual Rental Increases (2.00%); - Lack of Competition (One of three gas stations within a 15-mile radius)
More about this property
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