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2102 W Leland Rd
Pittsburg, CA 94565
15-Year Corporate Lease to BP (ARCO ampm) · Retail Property For Sale
PROPERTY FACTS
About 2102 W Leland Rd , Pittsburg, CA 94565
Pegasus Investments and PetroCal Associates are pleased to present a unique opportunity to acquire a corporate, 100% absolute triple net leased single tenant ARCO/ampm located in the coveted San Francisco-Oakland Bay Area metro just 35 miles from San Francisco. After just two years of successful operating history at this newly constructed location (2016), British Petroleum (BP) recently acquired the ARCO/ampm operations at the subject property from its franchisee for over $5.3M and signed a new 15-year ground lease. BP (NYSE:BP), one of the largest corporations in the world, currently carries an impressive “A-” investment grade credit rating (S&P), and in 2018 ranked #8 on the Global Fortune 500 with $304B in annual revenue. The lease carries no landlord obligations and full indemnity from any environmental liability.
PROPERTY TAXES
| Parcel Number | 091-050-038-8 | Improvements Assessment | $4,882,319 |
| Land Assessment | $2,479,907 | Total Assessment | $7,362,226 |
PROPERTY TAXES
