1900 W Main St - Service Station FOR SALE
Bartow, FL 33830 |
1900 W Main St
Bartow, FL 33830
HIGHLIGHTS
- NEW 8-PUMP MOBIL GAS STATION WITH SIGNATURE "GO MARKET" C-STORE IN LAKELAND, FL! LOCATED DIRECTLY ON STATE ROAD 60!
- 7.3% CAP RATE IN 2025! 7.5% CAP RATE IN 2030! 8% CAP RATE IN 2035! 9% CAP RATE IN 2040! 10% CAP RATE IN 2045!
- ABSOLUTE PURE NNN LEASE STRUCTURE IN PLACE, ELIMINATING ALL LANDLORD RESPONSIBILITIES!
- 20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS! 7.5% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE TERM OF THE LEASE
- RECENT SITE RENOVATIONS INCLUDE NEW HVAC, TANKS, PUMPS, FRONT CANOPY, SIGNAGE, PAINT, AND A NEWLY RENOVATED INSIDE STORE WITH MANY INTERIOR UPDATES!
- STRONG TENANT IN PLACE WITH OVER 35 YEARS OF GAS STATION OPERATION EXPERIENCE AND EXTREMELY STRONG FINANCIALS!
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
7.3% CAP RATE- NNN LAKELAND MOBIL FOR SALE!
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Storefront, Supermarket
TOTAL BUILDING SIZE
1571
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
6
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
24-30-01-000000-022040
