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Speedway| $4,761,905 | 5.25% CAP

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» 15-YEAR ABSOLUTE-NET LEASE EXTENSION: The Lease Was Recently Extended By 15 Years In April Of 2025 Showing How Committed The Tenant Is To This Location.

» LEGACY LOCATION WITH LONG-TERM OPERATING HISTORY: The Property Has Continuously Operated As A Gas Station For Over 50 Years And Has Been A Hess/Speedway Location Since The 1990’s.

» 10% RENT ESCALATIONS EVERY 5 YEARS: Contractual Rent Escalations At 10% Every Five Years Provide Reliable Upside Income Through Term Renewal.

» COMPACT, WELL‑MAINTAINED ASSET | 700 SF BUILDING ON 16,529 SF: Built In 1976, The Property Includes A Small Building Footprint (700 SF) With Generous Land For Strong Visibility, Parking, And Fuel Operations.

» BEST-IN-CLASS OPERATOR BACKED BY THE LARGEST GAS/CONVENIENCE STORE CHAIN IN THE WORLD: Speedway, LLC Is A Wholly Owned Subsidiary of 7-Eleven, Inc. Who Is The Leading C-Store Operator In The World With 85,000 Stores Across 20 Countries.

» RARE OPPORTUNITY TO ACQUIRE A 100% BONUS DEPRECIATION ELIGIBLE PROPERTY IN NEW ENGLAND: The Property Should be Subject to 100% Bonus Depreciation, However Please Consult With Your Tax Professional To Verify.

» GLOUCESTER TRAFFIC AND COMMUNITY PRESENCE: Located On Main Street In Gloucester, Within A High‑Traffic, Well-Established Retail Corridor, Appealing To Both Local Residents And Tourist Influx.

PRESENTED BY:

PETER DELTONDO
Founder, Deltondo Advisory Group
(949) 698-2609
pdeltondo@marcusmillichap.com
Lic. CA 01797033

© 2025 Deltondo Advisory Group of Marcus & Millichap Newport Beach

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