7899 Madison Ave
Citrus Heights, CA 95610
United Pacific Gas Station Land Lease · Retail Property For Sale

Here is the perfect 1031 Exchange Property. A NNN Land Lese for sale. The sale does not include the gas station improvements, only the land and lease are being sold. United Pacific owns and operates over 370 gas across the country. They have strong financials and have been great to work with. The existing buildings are in the process of being remodeled to bring the gas station, convenience store and car wash up to the highest quality. The lease runs until December 31, 2030. There are two five year options to renew. The current income is $102,444 a year, $8537 a month, on December 31 of each year there are 3% increases. In year 2030 the income will be $150,444, $12,537 a month. The lease places any and all responsible for environmental issues with the tenant. A Phase 1 Environmental Report was completed earlier this year and came back clean with no actions required. This is a completely triple net lease, the only work involved by the new owner is to check your checking account each month to verify your automatic deposit has been received. Western Realty Company is representing the Trust that owns this property. This property is located at the NWC of Madison Ave and Sunrise Blvd in Citrus Heights. This is one of the very best corners in the Sacramento area. Two sides are adjoining Sunrise Village Shopping Center. The property is zoned Commercial Shopping Center.