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7301 Cessna Dr
Greensboro, NC 27409
Quarles Fleet Fueling · Industrial Property For Sale
Investment Highlights
- Absolute NNN Lease
- 5% Bumps Every 5th Year
- ~9 Years Remaining
- Corporate Guarantee: GPM Empire
Executive Summary
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.
Property Facts
| Sale Type | Investment NNN | Rentable Building Area | 3,270 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1996 |
| Property Subtype | Service | Tenancy | Single |
| Building Class | C | Parking Ratio | 3.66/1,000 SF |
| Lot Size | 1.50 AC | ||
| Zoning | HI - Heavy Industrial | ||
| Sale Type | Investment NNN |
| Cap Rate | 6.25% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 1.50 AC |
| Rentable Building Area | 3,270 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Tenancy | Single |
| Parking Ratio | 3.66/1,000 SF |
| Zoning | HI - Heavy Industrial |
Amenities
- Fenced Lot
- Signage
Property Taxes
| Parcel Number | 0098137 | Improvements Assessment | $63,200 |
| Land Assessment | $278,300 | Total Assessment | $341,500 |
Property Taxes
Parcel Number
0098137
Land Assessment
$278,300
Improvements Assessment
$63,200
Total Assessment
$341,500
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