$2,205,000 USD
312-690-6274
4106 Harrison Ave
Rockford, IL 61108
Rolling Green
HIGHLIGHTS
- Zero Landlord Responsibilities as the tenant is directly responsible for all CAM, Taxes, Insurance, as well as Roof and Structure, providing investors
- Backed by Parent Company ARKO Corp. (S&P: ‘B’), operated through its wholly owned subsidiary: GPM Investments, LLC, the 6th largest Convenience Store
- There are approximately 1.1 Years remaining on the lease featuring Six (6), 5-Year Options to renew with attractive 7.5% Rental Increases every 5-year
- The 5th largest City in Illinois, home to nearly 150,000 people. Its economy is fueled by a diverse range of industry sectors, including aerospace
- Fee simple ownership of a Gas Station provides the landlord the opportunity to use the Accelerated Bonus Depreciation Model (Consult with your CPA).
FOR SALE DETAILS
PRICE
$2,205,000 USD
PRICE/SF
$696 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fas Mart
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.84 AC
LAND SF
36,590 SF
ZONING
C3
APN/PARCEL ID
12-32-378-024
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312-690-6274
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312-690-6274
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