Net Lease RaceTrac Property Profile and Cap Rates Date September 23, 2020
Net Lease RaceTrac – Typical Property and Lease Terms
| Price Range: | $4M - $5.5M |
| Cap Rate: | 4.75% - 5.25% |
| Net Income: | $225,000 |
| Price Per foot: | $800 PSF - $1,000 PSF |
| Building Size: | 5,500 SF |
| Lot Size: | 2 Acres |
| Escalations: | 7.5% Every 5-Years |
| Lease Term: | 15 Years |
| Lease Type: | NNN |
| Credit Rating: | NR |
Tenant Company Information:
RaceTrac Petroleum, Inc. is an American corporation that operates a chain of gasoline service stations across the Southern United States. The firm is Georgia’s third largest private company, with sales of $9.1 billion in 2013
Back