Interested in selling your Chevron NNN property or Chevron lease property and was wondering what you can get for it in today’s changing market?
Contact us for a complimentary broker opinion of value for your off-market Chevron NNN property for sale or Chevron ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Chevron NNN property or the inclusion of a Chevron ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Chevron properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.
Number of locations
Chevron has 12 refineries in 8 countries, with a combined crude oil processing capacity of 2.4 million barrels daily.
Revenue and income
In 2022, Chevron’s total revenue was $284.6 billion. Net income was $34.7 billion.
Future plans
Chevron plans to continue investing in its refining assets, focusing on improving efficiency and reducing emissions. The company plans to expand its refining capacity in key markets, such as Asia.
Corporate vs. franchise
Unlike convenience store chains, petroleum refineries typically operate as large-scale corporate entities. Chevron wholly owns and operates most of its refineries. The company may collaborate with strategic partners in joint ventures or other arrangements for specific projects, but these are not considered franchises in the traditional sense.
Additional information Chevron Properties
The company is renowned for its commitment to providing reliable and efficient energy solutions. Chevron’s refineries are vital in processing crude oil and producing diverse refined products, such as gasoline, diesel, jet fuel, and various petrochemicals. At the forefront of the energy sector, Chevron actively pursues cutting-edge technologies and sustainable initiatives, aiming to reduce its environmental footprint and advance energy efficiency.
Chevron History
Chevron’s petroleum refining operations have a rich history that dates back to its early beginnings. The company’s journey in the refining industry started several decades ago, driven by a vision to meet the world’s energy demands through advanced refining technologies and sustainable practices.
Why Invest in Ground Lease and NNN Lease of Chevron?
Investing in Chevron’s ground lease and triple net (NNN) lease properties offer compelling reasons:
1) Chevron NNN Property Investment: Stable income
Investing in Chevron NNN properties can provide a reliable and consistent income stream. Chevron, renowned for its strong financial performance, boasts a history of consistent profitability. Moreover, strategically placing its refineries within key markets ensures a dependable demand for its products.
2) Chevron NNN Property Investment: Established tenant
One of the significant advantages of Chevron NNN property investment is securing an established tenant. Chevron leases its refineries to major oil companies as a critical global oil and gas player. This arrangement substantially reduces the risk of vacancy or lease defaults, providing an exceptionally secure tenant for the property.
3) Chevron NNN Property Investment: Low management responsibility
Opting for a Chevron NNN property investment minimizes the landlord’s management obligations. With Chevron taking charge of refinery operations, landlords can enjoy a hands-off approach to property management.
4) Chevron NNN Property Investment: Favorable lease terms
Investors can benefit from Chevron’s favorable lease terms. These leases typically span extended periods and include built-in rent escalations. This structure ensures a foreseeable income stream with the potential for rental growth over time.
5) Chevron NNN Property Investment: Real estate value
Investing in Chevron NNN properties offers more than just stable income; it also presents an opportunity for real estate value appreciation. Chevron’s strategic refinery locations contribute to the overall value of the properties. This factor, coupled with the potential for capital appreciation, adds to the attractiveness of this investment opportunity.
Pros and Cons of Chevron Ground Lease and NNN Lease Investment
Pros:
1. Stable income from a well-established company.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibility for landlords.
4. Long lease terms provide stability and potential income growth.
Cons:
1. Lease renewal risk when the term expires.
2. Dependency on the global oil and gas industry.
3. Economic and market risks inherent in real estate investments.
Thorough due diligence and consideration of location, lease terms, tenant strength, and investment strategy are essential. Seek guidance from real estate professionals and financial advisors to align with your goals and risk tolerance.