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Global Partners
393 Meadow Street, Sanbornville, NH 03872, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,090 SF Global Partners Absolute NNN Located at 393 Meadow Street in Sanbornville, NH. The Gas Station is Operated by Global Partners, a Trusted National Operator With a Portfolio of Over 1,700 Properties. Known For It’s Reliability and Long-Standing Operational Strength, Global Partners Has Demonstrated a Strong Commitment to This Location – Offering Investors a Stable, Long-Term Income Opportunity Backed By a High- Performing Tenant.
- Established Tenant (Global Partners) in a Growing Market: The Gas Station is Operated By Global Partners, Running Over 1,700 Properties, is a Loyal and Reliable Tenant Who Has Shown Strong Operational Commitment to the Site
- Prime Location: This Property is Situated Right off State Hwy 16, Offering Direct Access Between Portsmouth and Conway, Two Key Markets in New Hampshire
- Growing Market: The Broader Wakefield/Sanbornville Region is Experiencing Steady Growth, Supported By Seasonal Population Increases and Regional Development
- Outstanding Visibility With Strong Traffic Counts: Located Directly Off a Central Commuter Corridor, This Site Benefits From Exceptional Roadside Exposure and a Steady Flow of Nearly 10,000 Vehicles Per Day, Capturing Both Local and Regional Through-Traffic
- Tourism-Driven Volume: Sanbornville is Strategically Positioned Near Popular Destinations, Including Lake Winnipesaukee, Wolfeboro, and the White Mountains, Resulting in Increased Demand For Fuel and Convenience Stores During the Peak Summer and Fall Tourist Seasons
- Multiple Points of Ingress and Egress: Easy Access From Multiple Entryways Allows For Smooth Traffic Flow, Reducing Congestion and Enhancing Customer Convenience
In Association with ParaSell, Inc. | P: 949.942.6578 | A Licensed New Hampshire Broker #075195.
Global Partners
393 Meadow Street, Sanbornville, NH 03872, USA
GLOBAL PARTNERS LP
Building on a legacy that began more than 90 years ago, Global Partners LP has evolved into a Fortune 500 company and industry-leading integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guestfocused retail experiences. The company operates or maintains dedicated storage at 54 liquid energy terminals—with connectivity to strategic rail, pipeline, and marine assets—spanning from Maine to Florida and into the U.S. Gulf States. Through this extensive network, Global Partners distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. In addition, the company owns, operates, and/or supplies approximately 1,700 retail locations across the Northeast states, the Mid-Atlantic, and Texas, providing the fuels people need to keep them on the go at its unique guest-focused convenience destinations. Recognized as one of Fortune’s Most Admired Companies, Global Partners is embracing progress and diversifying to meet the needs of the energy transition.
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Price
$2,383,333
Cap Rate
6.00%
PREMISES
4,090 SF
RENEWAL OPTIONS
7 x 5 Year Options
Lease Expiration
06/21/2029
Lease Type
Absolute NNN
RENTAL INCREASES
10% Every Five Years Starting In 2034
BROKERS
Chris Sands
Scott Reid, ParaSell LLC
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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