1905 N Highway 19 - Service Station FOR SALE


Eustis, FL 32726
$3,467,000 USD
704-995-2850
1905 N Highway 19, Eustis, FL for Sale
$3,467,000 USD
Service Station - FOR SALE
1/5
null | 7.5% Cap Rate

1905 N Highway 19
Eustis, FL 32726


HIGHLIGHTS

  • OUTPARCEL TO WINNDIXIE ANCHORED SHOPPING CENTER
  • ATTRACTIVE LEASE FUNDAMENTALS
  • POSITIONED NEAR ECONOMIC DRIVERS

OVERVIEW

ATTRACTIVE LEASE FUNDAMENTALS - 20 Year Lease with 10% bumps every 5 years and in option periods - Abs. NNN lease providing zero landlord responsibilities - Passive investment HIGH DEMAND FOR C-STORES - According to Placer.ai the nearest gas station (7-Eleven) ranks in the 90% percentile out of all 7-Elevens in the country in terms of visits - Only one additional C-store within 2 miles DENSE RETAIL NODE - Site is positioned in a dense retail node - More than 250K SF of retail is located within a 1-mile radius of the Freshstop - Nearby National Retailers Include: Publix Supermarket, Aldi, Walgreens, and more POSITIONED NEAR ECONOMIC DRIVERS - Site is located under a mile from the Alee Academy Charter School with 200 students OUTPARCEL TO WINNDIXIE ANCHORED SHOPPING CENTER - This gas station is located in a high performing shopping center off of busy N Hwy 19 (18K VPD) - The WinnDixie (soon to become an Aldi) ranks in the top 75th percentile of grocery stores in the country in terms of visits - The CVS ranks in the middle half of all Drugstores in the country in terms of visits

FOR SALE DETAILS

PRICE

$3,467,000 USD

PRICE/SF

$1,094 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FreshStop Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

CP

APN/PARCEL ID

35-18-26-0003-000-06300

ASK ABOUT THIS PROPERTY

Mike LucierAtlantic Capital PartnersMore Info
704-995-2850

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Mike LucierAtlantic Capital PartnersMore Info
704-995-2850

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