The Sanford Group
Property 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 Features
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: LUXURY ORLANDO REAL ESTATE
Agency Contact: 407-705-7634
Shown By
Agent Name: The Sanford Group
Agent Phone: Cell: (904) 868-9651
Agency Title: Watson Realty Corp., REALTORS ®
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1608 Shepherd Lane | MLS# S5143901
This commercial property located at 1608 Shepherd Lane, Intercession City, FL 33848 is currently listed for sale with an asking price of $2,000,000. Search Intercession City real estate on www.signwithsanford.com today.