7301 CESSNA DR

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7301 CESSNA DR

GREENSBORO, NC 27409-9304
Asking Price
$1.14M
Cap Rate
6.35%
Asset Type
Gas Station Retail
Class
Class B

What's Special

6.35% CAP | Bonus Depreciation <p><strong>INSTITUTIONAL-GRADE CREDIT BACKING</strong><span></span></p><ul><li>​The subject property is leased to GPM Empire LLC (d/b/a Quarles), a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) — one of the top five convenience store operators in the United States. ARKO operates approximately 3,000 locations across 33 states, generates over $8 billion in annual revenue, and maintains publicly audited financials.</li></ul><p><strong>ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES</strong></

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NOI
$80,000
Cap Rate
7.04%
DSCR
1.19
Tight
Cash-on-Cash
3.68%
Monthly Payment
$5,620.308
Annual Cash Flow
$12,556.302

Location & Travel Times