Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Crypto Atm Atm
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Car Rental Facility
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Gas Station
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Crypto Atm Atm
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CRT1. · Silver Spring, MDZoning
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Zoning designation
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