7301 Cessna Dr - Service FOR SALE


Greensboro, NC 27409- Outer Northwest I-40 Corridor
$1,154,448 USD
843-388-5650
7301 Cessna Dr, Greensboro, NC for Sale
$1,154,448 USD
Service - FOR SALE
1/3
null | 6.25% Cap Rate


HIGHLIGHTS

  • Absolute NNN Lease
  • ~9 Years Remaining
  • 5% Bumps Every 5th Year
  • Corporate Guarantee: GPM Empire

OVERVIEW

Oswald Cooke is pleased to present the net leased Quarles Fueling assets across the Piedmont Triad region of North Carolina to qualified investors. GPM Empire LLC operates under a 10-year lease which has (2) 5-year options to extend their lease.  The lease includes 5% escalation every 5th year throughout the base term and options. The NNN lease has no landlord responsibilities.  The Quarles Fleet Fueling network has over 175 locations nationwide across eight states, and is constantly expanding into new markets to further serve and enhance accessibility to their customer base.

FOR SALE DETAILS

PRICE

$1,154,448 USD

PRICE/SF

$353 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quarles Fleet Fueling

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.5

LAND SF

65,340

ZONING

HI

APN/PARCEL ID

0098137

ASK ABOUT THIS PROPERTY

Samuel BrownOswald Cooke and AssociatesMore Info
843-388-5650

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Samuel BrownOswald Cooke and AssociatesMore Info
843-388-5650

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