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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 regionof 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
| Price | $3,782,784 | Number of Properties | 3 |
| Price / SF | $685.54 / SF | Individually For Sale | 3 |
| Cap Rate | 6.25% | Total Building Size | 5,518 SF |
| Sale Type | Investment NNN | Total Land Area | 4.30 AC |
| Status | Active |
| Price | $3,782,784 |
| Price / SF | $685.54 / SF |
| Cap Rate | 6.25% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 5,518 SF |
| Total Land Area | 4.30 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 7301 Cessna Dr, Greensboro, NC 27409 | Industrial | 3,270 SF | 1996 | $1,154,448 |
| 3916 Commerce Park Dr, Raleigh, NC 27610 | Retail | 448 SF | 1997 | $1,087,040 |
| 2521 Empire Dr, Winston-Salem, NC 27103 | Retail | 1,800 SF | 2000 | $1,541,296 |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Quarles Fleet Fueling - 3 Unit Portfolio
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