37750 Twenty-Six Mile Rd
New Baltimore, MI 48047
GPM Investments · Commerce de détail Propriété À vendre

LONG-TERM COMMITMENT: The Property is a rare fee simple convenience store subject to a lease with 18 years remaining in the primary term and four (4) five-year renewal options
STRONG CORPORATE GUARANTEE: The lease is backed by GPM Investments, a leading convenience store operator with approximately 1,400+ company-operated locations and a broader network exceeding 3,000 sites nationwide
RENTAL INCREASES: Lease offers 2% annual increases providing a strong hedge against inflation
BONUS DEPRECIATION: The asset is eligible for 100% bonus depreciation, enabling accelerated depreciation and improved early-year cash flow
ZERO LANDLORD RESPONSIBILITIES: Tenant operates under an absolute NNN lease structure, ensuring true passive ownership for investors. All expenses—including taxes, insurance, maintenance, and repairs—are fully covered by the tenant, providing stable income throughout the lease term
AFFLUENT LOCAL DEMOGRAPHICS: Site benefits from an average household income of over $101,100 within 3 miles
HIGH TRAFFIC CORRIDOR: The Property benefits from excellent visibility along 26 Mile Road, a primary east-west corridor, with traffic counts in excess of 20,000 vehicles per day in the immediate trade area, driven by proximity to I-94 and surrounding retail and residential growth
NEARBY NATIONAL RETAILERS: The Property is positioned in close proximity to strong national retailers including Meijer, Wendy’s, Taco Bell, and Tim Hortons