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| Price $2,400,000 | Built/Renov 1992 | Tenant Holiday Gas |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
2,800
| Lease Start
12-28-2022
| #Units
30
|
| Price/SF $857.14 | Expiration
12-31-2038
| Tenant Type Convenience/Gas |
| NOI $156,000 | R. Term 14.1 | Ownership Fee Simple |
| Rent/SF
$55.71
| Increases 10.0%/4/yrs | Pop 5Mi 73,193 |
| Lot/AC 1.08 | Options 2/5yrs/10% | AHHI 5Mi $81,017 |
| | |
The Holiday gas station and convenience store has great visibility along Highway 12, the area’s primary growth corridor. The property is situated at the signalized intersection of Highway 12 and 3rd Street East, with multiple points of ingress/egress from Hillcrest Parkway. The site is surrounded by many residential developments as well as multiple retail and office tenants such as Citizens...
...Signalized intersection
Strategically located
Highway location
Major MSA
Brand new lease
Store sales reported
Absolute NNN
Accelerated depreciation
Traded and rated company
Investment grade tenant
Holiday Stationstores, LLC, dba Holiday, is a chain of gasoline and convenience stores operating throughout the Upper Midwest, West Coast, and Alaskan regions of the United States. The company...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 7,959 | 35,832 | 76,124 |
| 2023 Total Population : | 7,361 | 35,311 | 75,073 |
| 2023 Employed Civilian Pop : | 3,821 | 18,233 | 39,794 |
| 2023 Total Businesses : | 182 | 1,836 | 3,349 |
| 2023 Average Household Income : | $ 90,205 | $ 92,882 | $ 87,775 |
| 2023 Total Consumer Spending : | $ 250 M | $ 1257 M | $ 2389 M |
| 2023 Median Age : | 39 | 39 | 35 |
| 2023 Total Households : | 3,191 | 15,584 | 31,302 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,251 | 6,278 | 11,824 |
| 2023 Average Home Value : | $ 245,078 | $ 282,238 | $ 277,403 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| US Hwy 12 | Nottingham Way | 2017 | 11,300 | 0.16 mi |
| US Hwy 12 | McCann Dr | 2017 | 12,100 | 0.49 mi |
| 3rd Street East | N Hillcrest Pkwy | 2021 | 3,000 | 0.49 mi |
| 3rd St E | Daniels Ave | 2017 | 3,600 | 0.49 mi |
| 3rd St E | Bartlett Ave | 2017 | 3,100 | 0.65 mi |
| Southridge Dr | 2021 | 1,400 | 0.68 mi | |
| Bartlett Avenue | 4th St W | 2021 | 2,400 | 0.84 mi |
| 1st Street West | Spooner Ave | 2021 | 1,500 | 0.89 mi |
| 10th Street West | Spooner Ave | 2021 | 3,900 | 0.93 mi |
| 10th St W | Hillside Dr | 2014 | 4,600 | 0.93 mi |
Eufaula, OK
Cap Rate 7.00%
Lease Abs NNN
R. Term 7.70 yrs
Size/SF 3,336
Columbus, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 12.50 yrs
Size/SF 5,223
Waite Park, MN
Cap Rate 6.00%
Lease Abs NNN
R. Term 12.40 yrs
Size/SF 5,743
Waite Park, MN
Cap Rate 6.00%
Lease Abs NNN
R. Term 12.70 yrs
Size/SF 5,743
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
