RaceTrac NNN Property For Sale
This RaceTrac property offers an attractive net lease investment opportunity. RaceTrac Petroleum, Inc. is a prominent American corporation operating a chain of gasoline service stations across the Southern United States, recognized as Georgia’s third-largest private company with substantial past revenues.
- Asking price $4.75M
- 5.00% cap rate
- NOI $225,000
- 15 years remaining
- NNN lease
- Building size: 5,500 SF
- Lot size: 2.00 acres
- Rent increases: 7.5% every 5 years
- Guarantor: Corporate
Asset type: Gas/Convenience Store