ARKO
5,051 SF | Retail Building | Jacksonville, NC 28540 | $4,568,348 ($904/SF) | 5.75% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,568,348
- Property Type
-
Retail
- Square Feet
- 5,051 SF
- Price / Square Foot
- $904
Listing Contacts
Glen Kunofsky
Verified Profile
Alexandre Marietto
Verified Profile
Kyle Karsian
Verified Profile
Gordon Pollock
Verified Profile
- Property Info
Property Overview
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 5673 Gum Branch Road in Jacksonville, NC. The site consists of roughly 5,051 rentable square feet of building space on estimated 2.29-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced January 13th, 2022. The current annual rent is $262,680 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
Property Details
- Class
- C
- Year Built
- 2021
- Stories
- 1
- Property Subtype
- Service
- Lot Size (sq. ft)
- 99,752 SF
Highlights
- Long-Term, Absolute Triple Net (NNN) Lease
- Approximately 17+ Years Remaining
- Two Percent (2%) Annual Rental Increases
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