10 Carverton Rd Trucksville, PA 18708

Property Details for 10 Carverton Rd

Lot size

0.20 lot acres

Property size

700 SF

Property type

Retail properties

Property subtype

Gas stations

Description

This exceptional investment opportunity presents a fee-simple ownership of a thriving Fuel On gas station in Trucksville, Pennsylvania. The property boasts a 20-year absolute NNN lease with a reputable, growing 36-unit operator, providing a truly passive investment. The lease includes annual rent bumps of 2.5%, mitigating inflation risks and ensuring consistent returns. The 700 square foot station sits on a 0.2-acre lot and benefits from high traffic counts exceeding 17,979 vehicles daily. The property's strong financial performance is evidenced by a robust NOI of $135,000, resulting in an attractive 8.00% cap rate. The asking price is $1,687,500, translating to $2,410.71 per square foot. The lease features four 5-year renewal options, further enhancing long-term value. Detailed financial records, including trailing three-year site-level financials and corporate financials, are available for review. The property also qualifies for bonus depreciation (60% in Year 1), offering significant tax advantages. This is a rare opportunity to acquire a stable, high-performing asset with significant upside potential. All property taxes, insurance, and maintenance are the responsibility of the tenant.