10017 State Road 52 - Convenience Store FOR SALE


Hudson, FL 34669
$4,500,000 USD
972-755-5205
10017 State Road 52, Hudson, FL for Sale
$4,500,000 USD
Convenience Store - FOR SALE
1/4
null | 5% Cap Rate

10017 State Road 52
Hudson, FL 34669


HIGHLIGHTS

  • New, 15-Year Absolute Net Lease With 10% Rent Increases Every Five Years
  • Recent Fuel System Upgrade – New Tanks Installed in 2019
  • Signalized Hard Corner Location on State Road 52 and Hicks Road (45,541 VPD)
  • Oversized 1.94 Acre Parcel (84,506 SF)
  • Top 14% Nationwide Among 7-Eleven Locations by Annual Visits
  • More Than 113,847 Residents and 100,037 Employees Within a 5-Mile Radius

OVERVIEW

Offered for sale is the opportunity to acquire an absolute net lease 7-Eleven in Hudson, FL. The property consists of a 2,976-square-foot, freestanding building that sits on approximately 1.94 acres of land. There are 14.9 years remaining on the lease with 10% rental increases every five years. Broker of Record Ryan Nee 5900 N Andrews Ave., Ste. 100 Fort Lauderdale, FL 33309 (954) 245-3400 License: BK3154667

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$1,681 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven (New, 15-Year Absolute Net Lease)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

C2

APN/PARCEL ID

06-25-17-0510-00000-4520

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.