Description
ONLINE REAL ESTATE AUCTION!! Bidding Opens: Monday, January 6, 2025. Bidding Closes: Wednesday, January 8, 2025 at 12:00 noon. List price is opening bid only. A $100,000 deposit, payable by cashiers check or wire, will be required of all online bidders prior to the start of the live auction. Triple net ground lease to Sheetz, Inc., originally dated April 14, 2000 and as amended by subsequent addenda. The lease is in a five-year extension period, running through May 31, 2026, with an annual rent of $203,643 NNN. There are 7 remaining five-year options at 10% per period increased base rent. The extension beginning June 1, 2026 has an annual rent of $224,007 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
ONLINE REAL ESTATE AUCTION!! Bidding Opens: Monday, January 6, 2025. Bidding Closes: Wednesday, January 8, 2025 at 12:00 noon. List price is opening bid only. A $100,000 deposit, payable by cashiers check or wire, will be required of all online bidders prior to the start of the live auction. Triple net ground lease to Sheetz, Inc., originally dated April 14, 2000 and as amended by subsequent addenda. The lease is in a five-year extension period, running through May 31, 2026, with an annual rent of $203,643 NNN. There are 7 remaining five-year options at 10% per period increased base rent. The extension beginning June 1, 2026 has an annual rent of $224,007 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.
©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-08T21:50:21.563.