910 S Main St
Lapeer, MI 48446
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 six (6) 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.
HIGH TRAFFIC CORRIDOR: The Property benefits from excellent visibility along South Main Street, a primary north-south retail corridor, with traffic counts in excess of 24,000 vehicles per day in the immediate trade area.
NEARBY NATIONAL RETAILERS: The Property is positioned in close proximity to strong national retailers including Meijer, Kroger, Kohl’s, McDonald’s, and ALDI