Station Brokers — Gas Stations & Convenience Stores

Tool

Sale-Leaseback Calculator

A sale-leaseback converts your station's real estate equity into capital while you keep operating under a long-term lease. Enter your site earnings, proposed rent, market cap rate, and loan payoff to see net proceeds and whether the rent is covered well enough to price.

Sale-Leaseback Calculator

Model proceeds, rent obligation, and coverage for an operator monetizing station real estate.

Site Economics

$

Fuel and inside gross profit plus other income, less operating expenses — before rent and debt service.

$

The rent you'd commit to under the new lease.

Pricing & Payoff

%

Where net-leased fuel assets are trading in your market.

$
%

Underwriting Target

x

Net-lease buyers of fuel assets typically want 1.5x–2.0x or better.

Net Proceeds to You

$1,657,143

$2,571,429 sale price less $64,286 closing costs and mortgage payoff

Rent Coverage

2.33x

Coverage Rating

Strong

Rent as % of EBITDAR

43%

Earnings After Rent

$240,000

Max Rent at 2x

$210,000

Max Proceeds at 2x

$3,000,000

Coverage is strong — this rent should price at or near market cap rates.

How it works

The core math: your annual rent divided by the market cap rate equals your sale proceeds. Setting rent requires balance — higher rent means more proceeds but must stay comfortably covered by site earnings (investors look for 1.5x–2x+ coverage) or the deal won't price well. The calculator also shows the maximum rent and proceeds your earnings support at your target coverage.

Frequently asked questions

Put the numbers to work

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