maverik ground lease - loopnet · 2018-08-06 · maverik ground lease 10577 w. fairview avenue •...
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t o k c o m m e r c i a l . c o m
This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only.
maverik ground lease 10577 W. FAIRVIEW AVENUE • BOISE, IDAHO 83704
GROUND LEASE FOR SALE
Updated: 07.31.2018
Ground lease investment with high quality tenant.
No owner responsibilities.
Maverik is the largest independent fuel marketer in the Intermountain West.
Great Fairview Avenue corner with excellent access and visibility.
LIStING cOmmENtS:
10577 W. FAIRVIEW AVENUE | BOISE 83704
cLIck FOR street view
Bob mitchell, Csm208.947.0836 [email protected]
cONtAct: pROpERty INFORmAtION:
single tenant ground lease investment
Parcel size:Price:CaP rate:initial Term:Base rent: options:
1.27 Acres (55,321 SF)$1,900,000 $1,800,0005.25% 5.5%15 years$100,000/yr. NNN (5% Increases every 5 years) ten 5-year Options
NEW LOwer PriCe!
t o k c o m m e r c i a l . c o m
This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only.
maverik ground lease 10577 W. FAIRVIEW AVENUE • BOISE, IDAHO 83704
GROUND LEASE FOR SALE
Population: avg HH income:Total employees:
1 mi. 3 mi. 5 mi.2018
DEmOGRApHIcS:
14,689 99,637 247,947$52,704 $69,666 $72,550 6,814 65,418 130,829
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t o k c o m m e r c i a l . c o m
This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only.
maverik ground lease 10577 W. FAIRVIEW AVENUE • BOISE, IDAHO 83704
GROUND LEASE FOR SALE
t o k c o m m e r c i a l . c o m
This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only.
maverik ground lease 10577 W. FAIRVIEW AVENUE • BOISE, IDAHO 83704
GROUND LEASE FOR SALE
Column1 umn Column2 olumn Column4 Column5 Column6
PERIOD ANNUAL RENT MONTHLY RENT
INITIAL TERM Years 1 - 5 $100,000.00 $8,333.33
Years 6 - 10 $105,000.00 $8,750.00
Year 11 - 15 $110,250.00 $9,187.50
OPTIONS 1 - 10 Years 16 - 20 $115,762.50 $9,646.88
Years 21 - 25 $121,550.63 $10,129.22
Years 26 - 30 $127,628.16 $10,635.68
Years 31 - 35 $134,009.56 $11,167.46
Years 36 - 40 $140,710.04 $11,725.84
Years 41 - 45 $147,745.54 $12,312.13
Years 46 - 50 $155,132.82 $12,927.74
Years 51 - 55 $162,889.46 $13,574.12
Years 56 - 60 $171,033.94 $14,252.83
Years 61 - 65 $179,585.63 $14,965.47
RENT ROLL
t o k c o m m e r c i a l . c o m
This information was obtained from sources believed reliable but cannot be guaranteed. Any opinions or estimates are used for example only.
maverik ground lease 10577 W. FAIRVIEW AVENUE • BOISE, IDAHO 83704
GROUND LEASE FOR SALE
tENANt pROFILEmAVERIck cONVENIENcE StORES
maverik, Inc. is a western-based convenience store and gas station chain with over 300 locations with stores in Arizona, colorado, Idaho, montana, Nevada, Utah, Washington, Nebraska, Oregon, South Dakota and Wyoming, making it the largest independent fuel marketer in the Intermountain West.
maverik founder Reuel call opened his first store in 1928 in Afton, Wyoming at the age of 20. the convenience chain was named “maverick” after the popular television show starring James Garner in the 60’s. Since then, maverik has expanded across 11 states in the western U.S. and employs over 5,000 people. Recently the company surpassed $1 billion in revenue, though they are not stopping there. “We have an aggressive growth plan to reach 300 stores and $3 billion in revenue in the next few years,” call said.