Triple NET NNN Leased Gas Station on the corner of S.
| Website: | https://www.nestseekers.com/5560817 |
|---|---|
| Address: | INTERCESSION CITY, FL 33848 |
| Ownership: | Sole Proprietor |
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| Type: | Unknown |
| Lot Size: | 0.4 Acres |
Financials
Price:$1,900,000
Annual Taxes:$13,999.40
Description
Triple NET NNN Leased Gas Station on the corner of S. Orange Blossom Trail (OBT) and Shepherd Ln. in Intercession City near Kissimmee/St.Cloud. Currently leased for $10,986/month + increases $350/year. Tenant pays property taxes, insurance, and building maintenance. 20-year lease agreement in place with 17 years remaining. 4 fuel pumps - gasoline & diesel + convenience store. Operator runs more than 40 locations in Florida/Georgia. Great investment "mailbox money" No Work!!! Recently remodeled station with new LED canopy lighting. Buy this and receive $10,986/month or $131,832/year NET. This translates to a 6.93% CAP Rate NO WORK, all while the property appreciates in value. An additional adjoining 1/2 acre can be purchased for $350,000 - already cleared and fenced
Amenities
- Bathrooms
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of LUXURY ORLANDO REAL ESTATE | |