NNN Gas Station for Sale
Net Lease World has the best online platform with an extensive listing of NNN gas stations for sale. Contact us to learn more.
Reasons to Invest in NNN Gas Stations for Sale
NNN gas stations for sale are a smart investment. Here are reasons you should consider investing in a gas station for sale.
Gas stations are a necessity for consumers. If the property is in a prime location, it is a premium property set for a long-term lease.
As essential service providers, gas stations are rarely affected by economic turmoil. It will continue to thrive despite changes in the economy.
NNN gas station leases are long-term, usually at 10-25 years. This provides you with a steady long-term income stream for an extended period.
The tenant carries the majority of the expenses in regard to the property. You will have better control of the expense budget for the property.
You will have minimal landlord duties over an NNN gas station which can free up your time and allow you to focus on other business endeavors.
You can enjoy tax benefits from a commercial property.
While all forms of businesses and investments are not risk-free, choosing to invest in NNN gas stations has fewer risks involved. The tenant bears the burden of the risks. At the end of each month, you will get an income from the rent that the long-term lease tenant will pay you.
Factors to Consider in Investing in NNN Gas Stations for Sale
Once you’ve set your mind to invest in gas stations for sale, think more about these considerations to guide you better.
Consider the nature of the gas station, particularly whether it is franchised or independent. Franchised gas stations are owned and operated by a national supplier, while an independent gas station operates tier business solely. You must review agreement terms, quota requirements, tank maintenance, among others.
Check the availability of a convenience store within the property. Gas sales are the focal point of a gas station. However, gas stations make good money as well from convenience stores. Gas margins are standard and often relatively low. Augmenting profits with convenience store sales is a fantastic combination.
Determine the ownership of the pumps and tanks. In some cases of franchised gas stations, the pumps and tanks are loaned by the national franchisor.
Consider the location, barriers to access, and other challenges the property will pose. You must learn everything about the property, break down the risks, and create strategic action points to address such risks.
Determine the products and services you will offer. Selling gas is a given. You will need to decide on the auxiliary services that will complement your primary line of business. This can be a convenience store, a mechanic and repair shop, or a car parts sales business.
Benefits of Triple NNN Properties
If you’re set to purchase an NNN gas station for sale, here is a rundown of the benefits of NNN investments:
Triple N properties are known for being low-risk, especially ones that are from reliable independent companies or franchises. You won’t have to worry about difficulties with rent collection or with tenant turnover.
With rent collection, you will have a continuous stream of income.
Triple-net leases are typically for the long term. While they are usually 7-10 years, they may end up being longer than 10 years, guaranteeing you income during this period.
Because of the way triple net leases are structured, you don’t need to live nearby the property. Tenants are expected to take care of the property and many of the fees.
Enjoy lower turnover rates and lower marketing expenses. Tenants stay for a long time, so there are minimal expenses on your end for marketing the property.
As with all commercial properties, you get to enjoy tax benefits.
How to Choose NNN Gas Stations for Sale
NNN gas stations for sale are a smart investment opportunity. An investor looking to expand their portfolio may be challenged to look for the best investment options in the commercial real estate industry. There are so many options to choose from. Find out more about how to make great NNN investments, particularly gas stations for sale.
Essential factors to consider in the selection process include:
Select a property located in a heavy-traffic area with easy access to the consumers. Choose those situated in busy neighborhoods, along interstates of towns and cities.
Carefully choose the tenant who has a good history of paying for a long-term lease.
Start searching online to see what’s out there. NNN gas station for sale will yield various property options. Look into the differences in the lease being offered. As with most real estate investments, the key factor to consider is location.
Consider working with professionals and experts who assist investors like you looking for the best opportunity to invest, like Net Lease World. We can help you determine your goals for each property, discuss franchising options, site selection, and financing.
The Net Lease World Advantage
Net Lease World is the best online platform where you can search for high-quality, high-profit yielding triple net lease properties. We have an extensive listing of various commercial properties all over the country.
If you’re seeking to purchase an NNN gas station for sale, Net Lease World is your best partner to find the most optimal property of choice for you. We provide a simple way of searching for high-quality net lease investments.
The site is simple to navigate; we have agents responsive to all your queries. You can easily find properties and indicate your purchase price and cap rate.