BP - Net Lease Property for Sale
Elk Mound, WI
Key Investment Metrics
Price
$1,413,333
Cap Rate
7.7%
Net Operating Income
$108,120
Building Size
3043 SF
Lot Size
3,043 SF
Land Area
1 Acres
Remaining Term
19.1 years
Lease Expiration
08/30/2045
Lease Term
20 years
Lease Commencement
08/25/2025
Lease Type
Absolute NNN
Year Built
2000
Occupancy
100%
Tenancy
Single
Rent Increases
2% Annually
About This BP Net Lease Property
This BP NNN (triple net lease) property is located in Elk Mound, WI and represents an excellent investment opportunity for commercial real estate investors. The property features 3043 square feet of building space and was built in 2000.
With a cap rate of 7.7%, this BP net lease property offers stable income potential. The asking price is $1,413,333, making it an attractive option for 1031 exchange investors seeking quality BP commercial properties.
Why Invest in BP NNN Properties?
- Stable Income: BP net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: BP is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Elk Mound, WI Market Overview
Located in Elk Mound, WI, this BP property benefits from strong local demographics and market fundamentals. The Elk Mound area offers excellent visibility and accessibility, making it an ideal location for BP operations and a solid investment for net lease property buyers.