For Sale - Caltex Reid River

Cushman & Wakefield National Investment Sales are delighted to present the Caltex in Reid River to the market for sale via Expression of Interest closing at 4pm on Wednesday the 31st of July 2024.

Caltex Reid River offers the following key attributes:
- Leased to Chevron (operates over 19,500 retail sites across 84 countries)
- 17 Year Lease + Options to 2073
- Lessee is liable for 100% of outgoings, including land tax though excluding management. Tenant is also responsible for all maintenance, repairs and replacement of fuel tanks and equipment, plus site remediation
- Attractive 3% annual increases
- Located on Major North Queensland Highway
- Huge 2.19Ha Land Holding

Net Annual Rent: $260,155pa

For further information, to arrange an inspection or to access the due diligence data room, please contact Patrick Birchley, Daniel Cullinane, or Evi Meka of Cushman & Wakefield National Investment Sales.

*Approximate