-LONG TERM LEASE - There are 10+ years remaining on the initialterm of the lease. Which is followed by four, 5-years options.
-CORPORATE GUARANTEE - Maverik - Adventure's FirstStop, acquired Kum & Go in 2023. Together, Maverik and Kum & Go have over 800+ locations, making it the largest independent fuel marketer in the Intermountain West and the 12th largest convenience store operator in the US.
-100% BONUS DEPRECIATION - Fee simple ownership of a Gas Station provides the landlord the opportunity to use accelerated Bonus depreciation model. Consulting your Accountant or Tax Attorney is advised.
-RECENT ROAD IMPROVEMENTS - City funded improvements at the corner of Dell Range Blvd & Ridge Rd, where the property is located, increased traffic flow and cite accessibility
-NO STATE INCOME TAX - There is no corporate or personal state income tax and no sales and use tax on fuel, power, or raw materials used in the manufacturing process.
-RENTAL INCREASES - 7.5% Rental increases every five years during the base term and option periods.
-ZERO LANDLORD RESPONSIBILITY - Absolute Triple Net Lease. There are Zero Management responsibilities, perfect for buyers looking for a “hands-off ”investment.