1608 Shepherd Lane
Intercession City, FL 33848

Listed at $2,000,000

Details

  • MLS# S5143901
  • Commercial -
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 4,130 Square Feet
  • 0.440 acres
  • Built in 1975
  • Local Schools

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 6.59% CAP Rate NO WORK, all while...read more the property appreciates in value. An additional adjoining 1 acre can be purchased for $350,000 - already cleared and fenced

Features

  • Central Air
  • 1.0 Story
  • $13,999 Taxes
  • Built in 1975
View All Features

Contact the Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Commercial -
  • Building: Bathrooms
  • Cooling: Central Air
  • Days on Site: 70
  • 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, Conventional
  • Lot Dimensions: 0.44
  • Lot Size: 0.44 Acres
  • 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
  • Roof Type: Membrane
  • Sale Includes: Building(s) and Land
  • Showing Instructions: Call Before Showing
  • Special Sale Provisions: None
  • Stories: 1.0
  • Taxes: $13,999
  • Water Access Y/N: No
  • Year Built: 1975
  • Zoning: OCN