Shell Sta, Big Pine, CA 93513
5,737 SF | Retail Building | Big Pine, CA 93513 | $2,962,963 ($516/SF) | 6.75% Cap Rate
For Sale
Active
Asking Price $2,962,963
- Property Type
-
Retail
- Square Feet
- 5,737 SF
- Price / Square Foot
- $516
Listing Contacts
Eric Carlton
Jereme Snyder
Property Overview
The Snyder Carlton National Net Lease Team is pleased to present an opportunity to purchase an absolute NNN leased Shell service station and convenience store in Big Pine, CA. With 20 years remaining in the primary term, annual rent increases, and zero landlord responsibilities this is an ideal asset for a 1031 Exchange or a coupon clipper seeking years of passive income.
The large 1.61-acre parcel is positioned on U.S. Route 395, which is the main connector between southern California, Mammoth Lakes, and East Yosemite National Park. Big Pine is only an hour away from Mammoth Lakes and the famous Mammoth Mountain which attracts over 3 million visitors annually. Additionally, Yosemite National Park, which attracts over 3.6 million visitors annually, is within 90 miles.
The service station caters to automobiles, RVs, and trucks with amenities including 15 fuel pumps (8 MPDs), Convenience store, four service bays, showers, propane refill, truck scale, ample parking for both automobiles and Trucks/RVs, and outdoor storage. Also included with the sale is a 3 bed/2 bath 1,728 SF single family residence located in the northwest corner of the property.
This is an excellent opportunity to acquire an absolute NNN leased gas station with numerous amenities, annual rent increases, large parcel, and zero landlord responsibilities, providing years of passive income.
The large 1.61-acre parcel is positioned on U.S. Route 395, which is the main connector between southern California, Mammoth Lakes, and East Yosemite National Park. Big Pine is only an hour away from Mammoth Lakes and the famous Mammoth Mountain which attracts over 3 million visitors annually. Additionally, Yosemite National Park, which attracts over 3.6 million visitors annually, is within 90 miles.
The service station caters to automobiles, RVs, and trucks with amenities including 15 fuel pumps (8 MPDs), Convenience store, four service bays, showers, propane refill, truck scale, ample parking for both automobiles and Trucks/RVs, and outdoor storage. Also included with the sale is a 3 bed/2 bath 1,728 SF single family residence located in the northwest corner of the property.
This is an excellent opportunity to acquire an absolute NNN leased gas station with numerous amenities, annual rent increases, large parcel, and zero landlord responsibilities, providing years of passive income.
Property Details
- Class
- C
- Year Built
- 1996
- Stories
- 1
- Property Subtype
- Service, Vehicle Related, Freestanding
- Lot Size (sq. ft)
- 100,188 SF
Highlights
- Brand New 20 Yr. Sale Leaseback at Close of Escrow - Absolute NNN Lease with Options
- Proven Site with Long term History - Strong Sales and New Operator Bolstering the C Store
- Rare 2% Annual Rent Bumps - Zero LL Duties - Limited Competition - Includes Service Center Bay
- Located along Hwy 395 in California - One of Last Stops on way to Famous Mammoth Mountain
- Best in Class Gas Station Flag - One of Largest Oil Companies in World - New Multi-Unit Operator
- Eligible for Bonus Depreciation Schedule - Huge Tourism Traffic for CA to Yosemite National Park
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