A BP-branded fuel operation at 19267 Hwy 72 E, on the Interstate 26 interchange that forms the eastern gateway into Clinton. Fuel supply is in place, and the site has just been improved, so the capital is already in the ground.
A turnkey, freshly improved BP operation with supply in place for a low capital entry. Rent is fixed NNN, so as traffic at this exit grows, fuel and inside-sales volume flow to the operator, not the landlord.
Own the gateway corner. Control occupancy and capture appreciation as the development lands next door.
Right off this interchange, the former Whitten Center property is approved for sale to develop a sports, housing, and hospitality complex. As proposed by the city and developer:
That traffic is planned to enter and exit onto Hwy 72 at this gateway, beside the Starbucks and across from the QuikTrip, about a third of a mile from the site. Those national operators are already here, the clearest proof this corner commands demand. The land sale is approved and the project is advancing. The upside in this document is contingent on it reaching completion.
At $69,000 for operations only, this is a low-capital position in a renovated, supply-backed BP operation at an exit set to receive a $300M destination development. Fixed NNN occupancy means the traffic upside flows to the operator.
At $1,200,000 for the real estate, the buyer owns the gateway dirt ahead of the wave, with in-place income carrying the hold and clear room for rent and value growth once the development matures.
The full upside depends on the development proceeding. The floor does not: low operations entry, capital improvements already in the ground, in-place NNN income on the real estate, at a corner two national brands already chose. Once the Whitten Center development completes, BFA-1008 is a smart decision on either path.