Investment Overview
Net Leased Oil Terminal located on the Hudson River
Tank capacity of approximately 3MM gallons
Investment Highlights
- 8 separate parcels totaling 11.5 acres located on the Hudson River in Kingston, NY
- The facility is Net Leased to HOP Energy through 10/312031
- There is an 11-year Renewal Option to 12/31/42
- Lease escalates on 11/1/2027 to $428,000.00 until 12/31/2032 with 5 year increases thereafter
- In addition, the landlord receives $.001/per net gallon of through put through the terminal