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Investment Highlights

  • Absolute NNN Lease
  • 5% Bumps Every 5th Year
  • ~9 Years Remaining
  • Corporate Guarantee: GPM Empire

Executive Summary

Oswald Cooke is pleased to present the net leased Quarles Fueling assets across the Piedmont Triad region of North Carolina to qualified investors. GPM Empire, LLC operates under a 10-year lease which has (2) 5-year options to extend their lease.  The lease includes 5% escalation every 5th year throughout the base term and options. The NNN lease has no landlord responsibilities.  The Quarles Fleet Fueling network has over 175 locations nationwide across eight states, and is constantly expanding into new markets to further serve and enhance accessibility to their customer base.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,800 SF
Building Class
C
Year Built
2000
Price
$2,125,355 CAD
Price Per SF
$1,180.75 CAD
Cap Rate
6.25%
NOI
$132,835 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.76 AC
Zoning
GI - Industrial

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Wholesaler
  • -
  • -
  • Triple Net
  • Jul 2026

Depuis ses débuts en tant qu'entreprise pétrolière familiale à camion unique en 1940, Quarles s'efforce d'apporter à ses clients le carburant dont ils ont besoin, au moment où ils en ont besoin. Mais ils fournissent aussi quelque chose de plus que du pétrole, de l'essence ou du propane. Ils offrent de la qualité. Fournir de la qualité signifie identifier un besoin en carburant avant que les clients ne s'en rendent compte. Cela signifie donner aux flottes un meilleur accès aux stations-service et offrir des plans de paiement flexibles qui fonctionnent avec tous les budgets. Et cela signifie faire un effort supplémentaire pour fournir un service exceptionnel, même si ce kilomètre supplémentaire les amène à un endroit éloigné au milieu d'une tempête de neige. Chez Quarles, ils sont animés par le désir d'offrir à leurs clients une meilleure expérience à chaque tournant. Ils sont impatients de faire de même pour vous.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Wholesaler - - Triple Net Jul 2026
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Nearby Major Retailers

Starbucks
Food Lion
Whole Foods Market

Property Taxes

Property Taxes

Parcel Number
6803-97-3242
Land Assessment
$433,644 CAD
Improvements Assessment
$268,743 CAD
Total Assessment
$702,387 CAD
  • Listing ID: 40500682

  • Date on Market: 2025-10-14

  • Last Updated:

  • Address: 2521 Empire Dr, Winston-Salem, NC 27103

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