Sale-leaseback

Sell the dirt, keep the business.

A gas station sale-leaseback turns the real estate you own into cash while you keep operating under a long-term lease. We place your stores with the largest NNN buyers and private capital in the U.S.

What it is

Unlock the equity in your real estate without leaving.

Interested in cashing out of your current real estate or expanding your business with a preferred real estate partner? In a sale-leaseback you sell the property to an investor and immediately lease it back on a long-term, triple-net basis. You get a lump sum of capital and you keep running your store exactly as before.

Free up trapped capital

Convert the value of your real estate into cash to pay down debt, buy more stores, or take chips off the table.

Keep operating

You sign a long-term NNN lease and continue running the business with no disruption to customers or staff.

Institutional buyers

We work with the largest net-lease buyers and private capital in the country to create competition for your asset.

Structured for your goals

Lease term, rent, and escalations are negotiated to fit your plan, whether that is growth or a glide path to retirement.

The economics

Cap rates set your proceeds.

In a sale-leaseback, your sale price is the rent you agree to pay divided by the market cap rate. Tighter cap rates mean more cash to you. Modern branded C-stores with fuel have recently traded around a 5.3% to 6.6% cap, with the strongest credits and locations pricing even lower.

We position your store and your guaranty to attract the most aggressive buyers, then run a process to compress the cap rate and maximize your check.

Estimate your proceeds
A vehicle refueling at a gas station forecourt
~5.3%
Recent C-store SLB cap (with fuel)
Get started

See what a sale-leaseback could put in your pocket.

Send us your store details and we will model your likely proceeds and lease terms, then take it to the buyers most likely to pay the most.

469.949.6467

Confidential. We never share your information.

FAQ

Sale-leaseback questions

You sell the real estate to an investor and lease it back long term, usually on an absolute NNN basis. You get cash now and keep operating the store. Read the full sale-leaseback guide.
Price equals your annual rent divided by the cap rate. A lower cap rate means a higher price. Strong credit, a long lease, and a good location all push the cap rate down and your proceeds up.
No. You continue to operate. You are selling the real estate, not the business, and signing a lease that lets you run the store as you do today.
It is a strong fit if you own valuable real estate, want liquidity for growth or retirement, and intend to keep operating. We will model it against an outright sale so you can compare.
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