$1,900,000 - 1608 Shepherd Lane, INTERCESSION CITY
- -
- Bedrooms
- -
- Baths
- 2,400
- SQ. Feet
- 0.44
- Acres
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
Essential Information
-
- MLS® #:
- S5143901
-
- Price:
- $1,900,000
-
- Square Footage:
- 2,400
-
- Acres:
- 0.44
-
- Year Built:
- 1975
-
- Type:
- Commercial Sale
-
- Sub-Type:
- Business
-
- Status:
- Active
Community Information
-
- Address:
- 1608 Shepherd Lane
-
- Area:
- Intercession City
-
- Subdivision:
- COX RUDD ADD INTERCESSION CITY
-
- City:
- INTERCESSION CITY
-
- County:
- Osceola
-
- State:
- FL
-
- Zip Code:
- 33848
Amenities
-
- Parking:
- 6 to 12 Spaces
Interior
-
- Cooling:
- Central Air
-
- # of Stories:
- 1
Exterior
-
- Roof:
- Membrane
-
- Foundation:
- Slab
Additional Information
-
- Days on Market:
- 170
-
- Zoning:
- OCN
Listing Details
- Listing Office:
- Luxury Orlando Real Estate