ARCO GAS STATION NNN RETAIL GROUND LEASE OPPORTUNITY 4400 SUNRISE BLVD | FAIR OAKS, CA 95628 Mickey Turpen | 916.784.2700 | [email protected] | CA DRE# 01340787 Price: $2,096,520 Occupancy: 100% Single Tenant NOI: $104,826 WINDING WAY 28,146 ADT CAP RATE: 5.00% 25,495 ADT Tenant Overview BP, LLC (formerly British Petroleum) is a multinational oil and gas company headquartered in London. It is one of the world’s seven oil and gas “supermajors”, and is the world’s 6th largest oil and gas company, the 6th largest energy company, and the company SUNRISE BLVD with the world’s 12th largest revenue. BP reported a total operating cash flow of $17.8 billion for 2016. In 2000, BP acquired both ARCO and ampm successfully merging them into BP operations. BP operates in 72 countries and employs 74,500 people worldwide. In the US, BP’s presence includes Property Highlights 7,100 BP and ARCO branded sites, along with close to 1,000 ampm convenience stores in California, Oregon, Washington, • BP (The Guarantor) has occupied this location since 1966 Arizona, and Nevada. • New 12 year NNN ground lease • No landlord responsibilities • 3% annual increases • Has historically sold 150,000 gallons of gas per month Traffic Counts • Over 300,000 residents live within a five mile radius, with an average annual household income that exceeds $79,000 Sunrise/Winding Way Hwy 50 / Sunrise • Impressive traffic counts with 53,614 cars per day passing through the intersection of Sunrise NB – 28,146 ADT Back – 154,500 ADT Boulevard and Winding Way SB – 25,495 ADT Ahead – 128,000 ADT • Located in the Carmichael/Citrus Heights/Orangevale retail submarket with 4.6 million square feet of retail space • ampm convenience store with an 8 pump ARCO service station Sunrise/Fair Oaks • Extremely accessible retail location at the intersection of Sunrise Boulevard and NB – 30,244 ADT Winding Way, with easy access to Highway 50 SB – 24,719 ADT • Located approximately 2 miles south of the 1.2 million-square-foot Sunrise Mall, which features EB – 19,627 ADT over 120 stores including Macy’s, JC Penney, and Sears WB – 15,262 ADT Property Location Price: $2,096,520 4400 Sunrise Boulevard is located on the northeast corner Occupancy: 100% Single Tenant Ideal Location With Impressive Traffic Counts of Sunrise Blvd and Winding Way in Fair Oaks, California. NOI: $104,826 The property benefits from its core location on the Sunrise CAP RATE: 5.00% Boulevard corridor, one of the most heavily trafficked streets in the Sacramento region. It is located within the highly desirable Carmichael/Citrus Heights/Orangevale trade area which is among the most established and densely populated regions within the four-county area. The property is located about 18 miles northeast of Downtown Sacramento and is part of the Sacramento regional retail market. The property has excellent frontage on Sunrise Boulevard and is approximately 2.4 miles north of the Highway 50 and the Sunrise Boulevard interchange. The property benefits from being located in one of the highest demographic areas in Sacramento County. Average household incomes within a one-mile radius exceed $95,000 and $79,000 within a five-mile radius. The Carmichael/Citrus Heights/ Orangevale retail market is one of the most affluent and established submarkets in the Sacramento Region. SITE INTERSTATE U S CALIFORNIA INTERSTATE 80 CALIFORNIA 80 50 SITE Mickey Turpen | 916.784.2700 [email protected] | CA DRE# 01340787 Gallelli Real Estate U S 3005 Douglas Blvd #200 | Roseville, CA 50 916.784.2700 | www.GallelliRE.com.