$1,900,000
Active · 117 days on market · MLS# MFRS5143901
| Living area | 2,400 sq ft |
|---|---|
| Lot size | 0.44 acres |
| Year built | 1975 |
| Property type | Business |
| Waterfront | Yes |
| Annual taxes | $13,999 |
| County | Osceola |
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
Listing courtesy of Anthony Giuffrida, PA, LUXURY ORLANDO REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.