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
| MLS # | S5143901 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1975 |
| Days On Site | 192 |
| Listing Provided By | LUXURY ORLANDO REAL ESTATE | Anthony Giuffrida, PA |
| SQ Feet | 2,400 |
|---|---|
| Story(s) | 1 |
| Zoning | OCN |
| Acreage | 0.44 |
| Property | 13999 |
|---|
| State | FL |
|---|---|
| County | Osceola |
| City | INTERCESSION CITY |
| Zip Code | 33848 |
| Area | 33848 Intercession City |
| Community Name | COX RUDD ADD INTERCESSION CITY |
| Listing VS Median (in COX RUDD ADD INTERCESSION CITY) | |
Price: $1,900,000 low | high Med: $1,900,000 sqft: 2,400 low | high Med: 2,400 $ / sqft: $792 low | high Med: $792 On site: 192 low | high Med: 192 | |
| State | FL |
|---|---|
| County | Osceola |
| City | INTERCESSION CITY |
| Zip Code | 33848 |
| Area | 33848 Intercession City |
| Community Name | COX RUDD ADD INTERCESSION CITY |
| Listing VS Median (in COX RUDD ADD INTERCESSION CITY) | |
Price: $1,900,000 low | high Med: $1,900,000 sqft: 2,400 low | high Med: 2,400 $ / sqft: $792 low | high Med: $792 On site: 192 low | high Med: 192 | |