1608 Shepherd Ln, Intercession City, Florida 33848

  • $1,900,000
  • $2,000,000

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

Details

  • Property ID S5143901
  • Price $1,900,000
  • Property Size 4130 Sqft
  • Land Area 0.44 Acres
  • Year Built 1975
  • Property Type Business, Commercial Sale
  • Property Status Active

Additional details

  • Listing Terms Cash, Commercial Financing
  • Roof Membrane
  • Cooling Central Air
  • County Osceola
  • Property Type Commercial Sale
  • Parking Parking Spaces - 6 to 12
  • Address: 1608 SHEPHERD LANE
  • State/county: FL
  • Zip/Postal Code: 33848
  • Country: US

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