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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 6.59% CAP Rate NO WORK, all while the property appreciates in value. An additional adjoining 1 acre can be purchased for $350,000 - already cleared and fenced
Property Highlights
Property Type: Commercial -
Cooling: Central Air
Lot Size: 0.44 Acres
Roof Type: Membrane
Stories: 1.0
Taxes: $13,999
Year Built: 1975
General Information
County: Osceola
Subdivision: COX RUDD
Listed By:
Anthony Giuffrida, PA
LUXURY ORLANDO REAL ESTATE
407-705-7634
MLS ID: S5143901
Property Features
Building: Bathrooms
Days on Site: 17
Directions: Take S. Poinciana Blvd. Turn Right Onto S. Orange Blossom Trail (S. OBT / US 17) follow it to the corner of Shepherd Lane and S. Orange Blossom Trail
Exterior: Block
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.44
Ownership: Sole Proprietor
Parking: Parking Spaces - 6 to 12
Parking Notes: Parking Spaces - 6 to 12
Property Attached Y/N: No
Property Sub-Type: Business
Sale Includes: Building(s) and Land
Showing Instructions: Call Before Showing
Special Sale Provisions: None
Water Access Y/N: No
Zoning: OCN
Shown By
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1608 Shepherd Lane, Intercession City, FL 33848.
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