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Shell Gas Station - S Rancho Santa De Drive

800 S Rancho Santa Fe Drive
San Marcos, CA 92078
Availability: COE:2/9/2016 Lot Size:.73 AC
Shipping: This Net-Leased Shell Gas Station has a 15-Year Corporate Guaranteed Lease, with 10% rental increases every 5 Years year and 2 10-Year Options to extend the lease.
Pricing: $0.00
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Description

Agents

BEN TASHAKORIAN | FIRST VICE PRESIDENT


Senior Director: Institutional Property Advisors (IPA)
License: CA 01333884
Dir: (858) 373-3176
Fax: (858) 373-3110
btashakorian@ipausa.com

Nick Totah | Senior Associate


 Associate Director: NOIPG
License: CA 01922255
Dir: (858) 373-3159
Cel: (619) 651-3412
nick.totah@marcusmillichap.com

Description

Marcus & Millichap sold the 800 S Rancho Santa Fe Road, located in San Marcos, CA. This Net-Leased Shell Gas Station has a 15-Year Corporate Guaranteed Lease, with 10% rental increases every 5 Years year and 2 10-Year Options to extend the lease. This represents an amazing opportunity for an investor to acquire a true Triple-Net leased asset with zero landlord responsibilities, with 35 years of potential rent with increases.

Building Size

16,486 SF

Net Rentable Area

2,500 SF

Property Type

Retail

Parcel Size

.73 AC

Year Built

2003

Details

  • 22932165
  • Retail
  • COE:2/9/2016 Lot Size:.73 AC
  • New

Shipping Information

  • Item Requires Shipping
  • This Net-Leased Shell Gas Station has a 15-Year Corporate Guaranteed Lease, with 10% rental increases every 5 Years year and 2 10-Year Options to extend the lease.

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