10226 New Hampshire Ave Silver Spring, MD 20903-1411

Property Details for 10226 New Hampshire Ave

Year built

1967

Construction

BRICK

Lot size

0.52 lot acres

Property size

1,827 SF

Zone code

CRT1.

Property type

Gas stations

APN

05-00284471

APU

500284471

Description

This exceptional portfolio comprises two established gas stations in the vibrant Silver Spring, MD market. The first, a BP station located at 10226 New Hampshire Avenue, boasts a convenience store, three service bays, four pumps (eight vehicles), and a triple-net lease with Petroleum Marketing Group, Inc., backed by a corporate guarantee. The lease includes three five-year options and no right of first refusal. This location benefits from an annual average daily traffic count of 71,512. The second station, a Shell station (not included in this listing), is situated at a separate address and features a newly remodeled convenience store, three service bays, and four pumps (eight vehicles). It operates under a modified gross lease with a daily guaranteed income and a buyout option. The operator holds a 30-day right of first refusal. This portfolio presents a unique opportunity for investors seeking high-performing assets in a thriving commercial area. Both stations offer significant potential for value appreciation and diverse investment strategies. The provided information pertains only to the BP station detailed in this listing. Detailed financial information and lease terms are available upon request. The AADT for the BP station is 71,512.