ChrisRoye
SQUARE FEET4,130
MLS#S5143901
STATUSActive
PROPERTY TYPECommercial -
SUBDIVISIONCOX RUDD
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 6.93% 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
Property Features
Property Type: Commercial -
Cooling: Central Air
Lot Size: 0.44 Acres
Roof Type: Membrane
Stories: 1.0
Taxes: $13,999
Year Built: 1975
Feature Descriptions
Building: Bathrooms
Days on Site: 203
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, Commercial Financing
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: Appointment Only, Call Before Showing
Special Sale Provisions: None
Water Access Y/N: No
Zoning: OCN
Listed By / Shown By
Listed By
Agency Name: LUXURY ORLANDO REAL ESTATE
Agency Contact: 407-705-7634
Shown By
Agent Name: Chris Roye
Agent Phone: (219) 545-5880
Agency Title: Key Realty
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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 $1,900,000. Search Intercession City real estate on chrisroye.ikeyrealty.com today.