Mobil | Macon, GA

Sands Investment Group is Pleased to Present Exclusively For Sale the 1,400 SF Mobil Absolute NNN Lease Branded Fuel Station and Convenience Store at 3224 Vineville Avenue in Macon, Georgia. This Deal Includes 18+ Years Remaining on an Absolute Triple Net Lease (NNN) With No Landlord Responsibilities, Providing For a Secure Investment.

  • 18+ Years Remaining on an Absolute Triple Net Lease (NNN) With No Landlord Responsibilities – Creating Consistent Passive Cash Flow
  • Fully Renovated in 2020 During COVID; Renovation Entirely Paid For and Completed By the Tenant Showing Strong Commitment to This Site
  • Attractive 2% Annual Rental Increases
  • 600 Unit and Growing Corporate Guarantor; Paid Rent in Full During COVID With No Lease Modifications Proving Their Financial Wherewithal and Partnership-Like Attitude With Their Landlords
  • Unique Accelerated Depreciation Eligible Asset Creating Attractive Depreciation Expenses (Consult Your CPA)
  • Excellent Visibility in a High Traffic Location With Egress and Ingress
  • Situated Near Interstate 75 Which Sees Over 87,300 Vehicles per Day
  • Over 101,402 Residents Live Within a 5-Mile Radius Making an Average Household Income of $52,516
  • Nearby Tenant Mix is Impressive and Include: AutoZone, O’Reilly Auto Parts, Dollar General, Red Lobster, CVS Pharmacy, Panda Express and More

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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Phillips 66 | Macon, GA

Sands Investment Group is Pleased to Exclusively Offer For Sale the Absolute NNN Gas Station Investment Property Located at 3224 Vineville Avenue in Macon, Georgia.

  • Brand New 20 Year Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities
  • 2% Annual Rent Increases
  • Four (4) x Five (5) Year Options to Renew
  • Blended CAP Rate of 8.50% Over Lease Term
  • Guarantor Supplied Over 165 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period (Ended 12/31/2018); Guarantor Generated Over $400 Million in Revenue in 2018 and Operates in 7 States: GA, TX, SC, LA, AR, AL and MS; Additional Information on Guarantor is Available Upon Execution of a Confidentiality Agreement
  • Strong Store Performance – 5.3 x Rent Coverage
  • Excellent Visibility in a High Traffic Location With Egress and Ingress
  • Population of Over 100,927 Residents Within a 5-Mile Radius of the Property
  • Local Businesses Nearby Include: China Inn, Dawson’s Kitchen, Greek Corner Pizza and More
  • Located Along Dense Retail Corridor With Select National Credit Neighboring Tenants Including: O’Reilly Auto Parts, AutoZone, Subway, Kroger, Firehouse Subs, Walgreens and More

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities