Shell Gas
Los Osos, CA 93402

Submit All Offers. We are pleased to offer to qualified investors an opportunity to purchase a single tenant Absolute NNN Shell Gas Station that is strategically located in Los Osos, CA. Backed by one of the largest petroleum distributors in the Western United States, Golden Gate Petroleum, the new lease is comprised of a 20 year primary term with attractive 2% annual increases.There are approximately 10 years remaining in primary term. There are 4 - 5 year options with 10% rental increases each option, providing an investor with excellent inflation protection along the life of the lease. The station is situated within an established trade area that includes national retailers such as Rite Aid, Chase Bank, Ralphs, Starbucks, Ace Hardware, and Chevron. Shell is one of the six oil and gas supermajors and is the fifth-largest company in the world measured by 2015/2016 revenues (and the largest in Europe). It has operations in over 90 countries and generates approximately $265 Billion in revenue. This is an excellent opportunity to purchase a well established gas station brand, backed by a strong operator, on an absolute NNN lease that offers attractive annual rental increases and zero management obligations within a coastal California market with high barriers to entry.