New 10-Year Lease Extension | 20+ Year Operating History
– GPM Investments has over 9 years remaining on a new 10-year lease that doesn’t expire until 2036.
– GPM Investments has been in operation at this site since 2006, showing their long-term commitment to the site by signing a 10-year lease extension in 2026.
Absolute NNN Lease | 2.00% Annual Rent Increases
– The lease includes 2.00% annual rent increases to hedge inflation.
– The lease is absolute NNN in nature, making the tenant responsible for all maintenance as well as real estate taxes, insurance, common areas, utilities, etc making this a prime opportunity for out-of-state investors.
Corporate Guaranty from GPM Investments, LLC (1,400+ Units)
– GPM Investments, LLC, a wholly-owned subsidiary of ARKO Corp. (Nasdaq: ARKO), a Family of Community Brands, is based in Richmond, Virginia and operates or supplies sites in 33 states and Washington D.C.
– As the 6th largest convenience store chain in the country, GPM has approximately 3,200 locations comprised of approximately 1,400 company-operated stores, approximately 121 proprietary cardlock locations, and approximately 1,660 dealer sites to which they supply fuel.
Eligible for 100% Bonus Depreciation in 2026
– In 2026, the tax landscape for bonus depreciation has been fundamentally reshaped by the One Big Beautiful Bill Act (OBBBA), which permanently restored the 100% rate that was previously phasing out.
– Investors can now immediately deduct 100% of the cost of qualifying assets in the first year they are placed in service.
