NNN Gas Station
I have the opportunity for a purchase of a gas station with a new NNN lease for 5 years with 2 additional 5 year options. Nothing to do but collect the money.
Initial return would be 9% but build to 18% at the end of 15 years.
What would be the due diligence on this type of property? Is anyone interested in doing a wholesale for this property?
Thanks,
Julie