Gas N Grub | 23150 Whitehall Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Gas N Grub 23150 Whitehall Rd
2,280 SF Retail Building Independence, WI 54747 $1,511,255 CAD ($663 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Portfolio Sale-Leaseback – Properties Available as a Portfolio or Individually.
- The operator’s team has extensive experience operating gas stations throughout the Midwest, with 130+ stores currently under management.
- Property generates impressive revenues from the sale of gas, beer, liquor, a multitude of fresh food offerings, and more.
- Lease is personally guaranteed by a high net worth, experienced gas station operator with a large and growing real estate portfolio (60+ properties).
- Property has consistently reported increased revenue annually. Financials available for review.
- Fee Simple ownership structure may allow for bonus depreciation benefits. Consult with a tax professional.
EXECUTIVE SUMMARY
Matthews Real Estate Investment Services™ presents the exclusive listing of 6 absolute NNN gas stations for a large, experienced gas station operator based in the Midwest. These properties exhibit healthy performance ratios, and present an exciting opportunity for passive investors looking for high returns with annual rent increases from a successful operator. Additionally, each property has seen consistent increases in revenue year over year since changing ownership.
Lease Term: 20 Years (Commences on Close of Escrow)
Annual Rent Increases: 1.5%
Lease Type: Absolute NNN (Zero Landlord Responsibilities)
2789 22nd St, Rice Lake, WI - $2,000,000
2671 27th St, Mikana, WI - $800,000
612 Dallas St, Chetek, WI - $1,600,000
425 3rd St, Cornell, WI - $900,000
23150 Whitehall Rd, Independence, WI - $1,050,000
35194 Diagonal St, Independence, WI - $850,000
Matt Fitzgerald
License No. 938105-91 (WI)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Lease Term: 20 Years (Commences on Close of Escrow)
Annual Rent Increases: 1.5%
Lease Type: Absolute NNN (Zero Landlord Responsibilities)
2789 22nd St, Rice Lake, WI - $2,000,000
2671 27th St, Mikana, WI - $800,000
612 Dallas St, Chetek, WI - $1,600,000
425 3rd St, Cornell, WI - $900,000
23150 Whitehall Rd, Independence, WI - $1,050,000
35194 Diagonal St, Independence, WI - $850,000
Matt Fitzgerald
License No. 938105-91 (WI)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,280 SF
Building Class
C
Year Built
2001
Price
$1,511,255 CAD
Price Per SF
$663 CAD
Cap Rate
8%
NOI
$120,900 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.88 AC
PROPERTY TAXES
| Parcel Number | 241-00014-0000 | Improvements Assessment | $328,529 CAD |
| Land Assessment | $63,708 CAD | Total Assessment | $392,236 CAD |
PROPERTY TAXES
Parcel Number
241-00014-0000
Land Assessment
$63,708 CAD
Improvements Assessment
$328,529 CAD
Total Assessment
$392,236 CAD
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Gas N Grub | 23150 Whitehall Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.