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Off Market
1/11

4200 Frontage Rd
Sebring, FL 33870


HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease with an Attractive 7.50% Rental Escalations Every 5 Years
  • Seasoned Gas Station Operators with Forty 76 Branded Gas Stations (±50 by YE 2020!)
  • Tenant is Investing ±$1,000,000 for Remodeling, Slated for Completion by YE 2021
  • YE 2019 Sales in Excess of $5,000,000 with an Attractive 8.49% Rent to Sales Ratio!
  • Situated on a Large ±2.30-Acre Lot with Great Highway Visibility on US Hwy 27 N where Traffic Counts Exceed 39,000 CPD!
  • 2020 DEMOGRAPHICS: Total Population (5-MI): 46,346 | Average Household Income (3-MI): $58,409

OVERVIEW

SUNOCO has a Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations every 5 Years. The tenant, BOCA SUNSHINE PETROLEUM 2, LLC, is a Seasoned Gas Station Operator with Forty 76 Branded Gas Stations (±50 by YE 2020!). EXTREMELY STRONG Personal Guarantors Back the Performance of the Lease, with a Combined Net Worth in Excess of $130,000,000! This site Currently Qualifies for Bonus Depreciation, Allowing Landlord to Accelerate 100% of the Building, Cost of Canopies, Fuel Tanks/Pumps, Carwash, Equipment, etc. in the First Year! The YE 2019 Sales were in Excess of $5,000,000 with an Attractive 8.49% Rent to Sales Ratio! The Tenant is Investing ±$1,000,000 for Remodeling, Slated for Completion by YE 2021! This location is Situated on a Large ±2.30-Acre Lot, with Great Highway Visibility on US Hwy 27 N, where Traffic Counts Exceed 39,000 CPD! Nearby retailers include: Walmart Supercenter, Lowe’s Home Improvement, Home Depot, Publix Super Market, Winn-Dixie, ALDI, Ashley HomeStore, Bed Bath & Beyond, Ross Dress for Less, Marshalls, Books-A-Million, Aaron’s, Advance Auto Parts, Sherwin Williams, Gold’s Gym, Petco, Pet Supermarket and Office Depot; Less than 5 miles from South Florida State College (a public college offering numerous degrees & programs serving 2,780 students); 2 miles from AdventHealth Sebring (an acute-care hospital providing healthcare services with 159 beds). *In Association with Florida Local Broker: Brian Brockman | Bang Realty-Naples, Inc | FL License # BK3327646

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

SUNOCO + AUTOMATED/SELF-SERVICE CARWASH

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

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ZONING

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APN/PARCEL ID

S-14-34-28-040-0000-01A0