6240 Freeport Blvd - Service Station FOR SALE


Sacramento, CA 95822- Pocket-Greenhaven
$9,526,000 USD
480-221-4221
6240 Freeport Blvd, Sacramento, CA for Sale
$9,526,000 USD
Service Station - FOR SALE
1/9
null | 5% Cap Rate

6240 Freeport Blvd
Sacramento, CA 95822
Pocket-Greenhaven


HIGHLIGHTS

  • 11+ Years Remaining | Investment Grade (S&P: A-) | Scheduled Rental Increases | Reputable Oil & Gas Producer
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Interstate 5 | Excellent Visibility & Access
  • Northern California Real Estate | Recent Construction | Convenience Store With 16-Pump Gas Station
  • Strong Retail Corridor | Nearby National/Credit Tenants
  • Direct Residential Consumer Base | Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, corporate signed, investment grade (S&P: A-), AM/PM & Arco investment property located in Sacramento, California. The tenant, BP Products North America Inc., has over 11 years of lease term remaining with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is signed by the corporate entity and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. BP Products North America Inc. is the largest oil and gas producer and one of the largest gasoline retailers in the United States with more than 15,000 BP, Amoco, and Arco branded stations.

FOR SALE DETAILS

PRICE

$9,526,000 USD

PRICE/SF

$2,283 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arco AM/PM

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

C3

APN/PARCEL ID

035-0084-040

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.