Sinclair NNN Property For Sale — Casa Grande, AZ · 2,130 SF
Casa Grande, AZ
Fee-simple investment opportunity in a Sinclair-branded gas station and convenience store located at a signalized intersection in Casa Grande, Arizona. The property features a brand-new 20-year absolute NNN lease extending through August 13, 2046, providing completely passive, hands-off ownership with zero landlord responsibilities. The lease includes contractual 10% rent increases every five years, yielding substantial hedge against inflation throughout the primary term and the four 5-year extension options. Supported by corporate and personal guarantees from an experienced multi-site operator, this asset also offers potential accelerated and bonus depreciation benefits as an eligible motor-fuels retail property. Improvements on the 0.55-acre parcel include a 2,130 SF c-store building, f…
- Address: Casa Grande, AZ
- Asking price $4.07M
- 5.75% cap rate
- NOI $234,000
- 20 years remaining
- NNN lease
- Building size: 2,130 SF
- Lot size: 0.55 acres
- Lease expiration: Aug 13, 2046
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This Sinclair property is in Casa Grande, Arizona.
Asset type: Gas Station / Convenience Store