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76 Gas Station 109 S Main St

5,737 SF Retail Building Big Pine, CA 93513 $2,700,000 ($471/SF) 7% Cap Rate

Retail Space California Big Pine 109 S Main St, Big Pine, CA 93513

INVESTMENT HIGHLIGHTS

  • The subject investment property will feature a 20-year absolute triple net (NNN) lease upon the close of escrow with zero landlord responsibilities.
  • The subject investment property features annual 2.00% rental increases, hedging against inflation.
  • The subject investment property qualifies for a 15-year accelerated depreciation as well as bonus depreciation. Discuss with a Certified Public Accoun
  • This 76 Gas Station and Convenience Store is one of three gas stations within a 15-mile radius of the subject property.

EXECUTIVE SUMMARY

NNN Pro is pleased to present the exclusive listing for a 76 located at 109 S Main St, Big Pine, CA. The site consists of roughly 5,737 rentable square feet of building space on an estimated 1-acre parcel of land. This 76 is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $189,000 and has scheduled increases of 2.00% annually.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
5,737 SF
Building Class
C
Year Built
1996
Price
$2,700,000
Price Per SF
$471
Cap Rate
7%
NOI
$189,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.00 AC
Parking
10 Spaces
Frontage
120 FT on South Main Street
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PROPERTY TAXES

Parcel Number 004-032-01 Improvements Assessment $1,238,398
Land Assessment $431,023 Total Assessment $1,669,421

PROPERTY TAXES

Parcel Number
004-032-01
Land Assessment
$431,023
Improvements Assessment
$1,238,398
Total Assessment
$1,669,421
(332) 345-4222

CONTACTS

  • Listing ID: 34474513

  • Date on Market: 1/14/2025

  • Last Updated:

  • Address: 109 S Main St, Big Pine, CA 93513

More public record information on 109 S Main St, Big Pine, CA 93513

The Retail Property at 109 S Main St, Big Pine, CA 93513 is currently available for sale. Contact NNN Pro Group for more information.

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The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

76 Gas Station | 109 S Main St
(332) 345-4222 x

76 Gas Station | 109 S Main St

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Glen Kunofsky

(332) 345-4222

(332) 345-4222

Matthew Anuszkiewicz

(914) 403-7574

(914) 403-7574

James Westerberg

(516) 477-7026

(516) 477-7026

Davis Ford

(332) 345-1035

(332) 345-1035

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