Tank 1 – 10,000 gallons, installed 06/01/1997, Double Wall Construction.
Tank 2 – 5,000 gallons, installed 06/01/1997, Double Wall Construction.
Tank 3 – 10,000 gallons, installed 06/01/1997, Double Wall Construction.
Tank 4 – 5,000 gallons, installed 06/01/1997, Double Wall Construction.
Property is occupied by two established commercial tenants. Van De Pol Enterprises operates a fuel cardlock facility under a lease through April 2029 at $2,700/month, with a five-year renewal option at $3,000/month. Watermill Express, a tenant at the property since 1998, is under a renewed lease through June 2035 with scheduled annual rent increases and two additional five-year renewal options extending through 2045. Current combined scheduled rent is $3,278/month, or $39,336 annually. Excellent opportunity to acquire an income-producing commercial property with established national/regional operators and long-term tenancy.
Ben Balsbaugh
PMZ Commercial
