BP NNN Property For Sale
This investment opportunity features a net-lease BP property. BP is a British multinational oil and gas company, recognized as one of the world's leading energy companies. The tenant, a vertically integrated entity, operates across all segments of the oil and gas industry, including exploration, production, refining, distribution, marketing, petrochemicals, power generation, and trading. With a strong global presence in nearly 80 countries and approximately 18,700 service stations worldwide, BP demonstrates robust financial stability and operational scale. The company holds strong credit ratings and is a constituent of major stock indexes, underscoring its reliability as a tenant for a long-term net-lease investment.
- Asking price $2.50M
- 6.00% cap rate
- NOI $150,000
- 17.5 years remaining
- NNN lease
- Building size: 6,000 SF
- Lot size: 1.00 acres
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Asset type: Gas Station