Close of Escrow: Citgo in Pine Mountain, GA

Close of Escrow: Citgo in Pine Mountain, GA

SIG is pleased to announce the recent Close of Escrow on Citgo located in Pine Mountain, Georgia.

Investment Highlights Include:

  • Absolute Net Lease (NNN) – Tenant is Responsible for All Expenses Including Roof, Structure, Taxes, Insurance, and Common Area Maintenance
  • New 15 Year Lease with 1 x 5 Year Option to Extend
  • Immediately Off the Interstate – 185 on Hwy 18 with No Competition
  • Tenant Recently Spent Over $250,000 in Rehabbing, Facelift, New Pumps, Lights, Flooring, Signs and Rebranding
  • Corner Property With Great Visibility and Ingress/Egress
  • Strong Multi-Store Operator

Closing Price: $594,000
Closing CAP:  8.00%

Listing Agents: Munir Meghjani and Rahill Lakhani

For More Information Contact:

Munir Meghjani
Lic #366616

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