GPM Gas Station with NNN
For Sale
Contact for pricing
7512 North Dort Hwy, Mount Morris, MI 48458
Triple-net lease structure places no landlord responsibilities on the owner after closing.
Property Size3,060 SF
Lot Size1.55 Acres
Days on Market144
Property Features for 7512 North Dort Hwy
General Information
Standard status
Active
Size
3,060 SF
Lot size
1.55 Acres
Property subtype
Retail
Additional Details
Road Access
Yes
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 4:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
GPM gas station located at 7512 North Dort Highway in Mount Morris, Michigan, includes a 3,060-square-foot building on approximately 1.55 acres. The property is subject to an initial 15-year triple-net lease, with more than 14 years remaining. The lease provides for no landlord responsibilities upon the close of escrow.
Base-term rent increases are set at 7.50% every five years and continue through the tenant’s renewal options. The agreement includes six five-year tenant renewal options, extending the scheduled increase structure beyond the initial term.
Base-term rent increases are set at 7.50% every five years and continue through the tenant’s renewal options. The agreement includes six five-year tenant renewal options, extending the scheduled increase structure beyond the initial term.
Key Highlights
- 3,060‑square‑foot building on approximately 1.55 acres
- More than 14 years remaining on the initial 15‑year lease
- Triple‑net lease with no landlord responsibilities upon the close of escrow
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Explore this area
Business Placement
Demographics for 48458, MI
19,699
Population
9,136
Households
2.2
Avg Household Size
39
Median Age
8%
College-Educated
87%
High-School Grad
35.7 sq mi
ZIP Area
552
Density / Sq Mi
$43,496
Median Household Income
$32,122
Median Earnings
$896
Median Rent
$87,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Triple-net lease structure places no landlord responsibilities on the owner after closing.
Where is this gas station located?
The property is located at 7512 North Dort Hwy Mount Morris, MI.
What are key features of this property?
This property features: 3,060‑square‑foot building on approximately 1.55 acres; More than 14 years remaining on the initial 15‑year lease; Triple‑net lease with no landlord responsibilities upon the close of escrow
