BP Gas Station

BP Gas Station

Massillon, OH

Massillon, OH

BP Gas Station

Offered for sale is the opportunity to acquire an absolute net lease BP Gas Station & C-Store in Massillon, Ohio. The property consists of a 3,772-square-foot, freestanding building that sits on approximately 0.36 acres of land. There are approximately 10 years remaining on the current lease term, with 10% percent rental increases annually in years 1-5. Broker of Record for OH: Michael Glass BRK.2007005898 (614) 360-9800.

Price $675,000
Cap Rate 8.00%
Building Size 3,772 sqft
Lot Size 0.36 acres
Year Built 1961
Offering Memorandum

Jake Stammen

Associate
(972) 755-5209
jake.stammen@marcusmillichap.com
License: TX 767420

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • New 10-Year Absolute Net Lease with Ten Percent Annual Rental Escalations in Years 1-5 and Two Percent Escalations in Years 6-10
  • More than 95,873 Residents Within a Five-Mile Radius
  • Recent Traffic Upgrades - Wales Road was Widened, Resurfaced and had Upgraded Traffic Lights Installed in Front of the Property in 2024
  • Cleveland–Akron–Canton, OH CSA Location - More than 3.7 Million Residents

Jake Stammen

Associate
(972) 755-5209
jake.stammen@marcusmillichap.com
License: TX 767420

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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