1240 8th Ave W - Service Station FOR SALE


Palmetto, FL 34221- Palmetto/Ellenton
$2,025,000 USD
715-505-1200
1240 8th Ave W, Palmetto, FL for Sale
$2,025,000 USD
Service Station - FOR SALE
1/11
null | 6.1% Cap Rate

1240 8th Ave W
Palmetto, FL 34221
Palmetto/Ellenton


HIGHLIGHTS

  • Fully Renovated, Institutional-Quality Shell CStore
  • Long-Term Absolute NNN Lease With Built-In Growth
  • Strong Historical Fuel & Store Sales
  • Pure Passive Ownership Structure
  • Prime US-41 Location in a High-Growth Florida Market
  • Immediate Built-In Residential Demand From Major Mobile Home Communities

OVERVIEW

The property underwent a complete renovation completed in late 2021, including all new fuel pumps, underground tanks, HVAC systems, roof, canopy, signage, and a fully rebuilt Go Market signature convenience store, resulting in a modern, code-compliant facility with minimal near-term capital risk.

FOR SALE DETAILS

PRICE

$2,025,000 USD

PRICE/SF

$810 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shell Station - Palmetto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

CG

APN/PARCEL ID

26279-0000-0

ASK ABOUT THIS PROPERTY

Jeff BurgfechtelMMG - Natl. Net Lease TeamMore Info
715-505-1200

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Jeff BurgfechtelMMG - Natl. Net Lease TeamMore Info
715-505-1200

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