3101 N Highway 19A - Service Station FOR SALE
Mount Dora, FL 32757 |
3101 N Highway 19A
Mount Dora, FL 32757
HIGHLIGHTS
- LONG-TERM ABSOLUTE NNN LEASE – Tenant recently executed a brand-new 20-Year Absolute NNN lease, providing a completely passive long-term investment.
- ANNUAL RENT INCREASES – The lease features two percent annual increases.
- STRONG CORPORATE GUARANTOR – This location is corporately backed by a 145-unit operator with $100M revenue and $20M EBITDAR.
- FAST GROWING OPERATOR – Operator has an additional 75 units in the pipeline.
- VERTICALLY INTEGRATED – SQRL is acting as their own fuel supplier which makes them more profitable per site than other gas station operators.
- GAS STATION OF THE FUTURE – SQRL has plans to remodel the locations they acquire by adding in drive thrus, order at pump convenience services, and ele
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
SQRL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store
TOTAL BUILDING SIZE
4000
STORIES
1
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
17
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
26-19-26-0004-000-09501
