1900 W Main St - Service Station FOR SALE
Bartow, FL 33830 |
$2,571,428 USD
678-713-4959
1900 W Main St
Bartow, FL 33830
HIGHLIGHTS
- 20-Year Absolute Triple Net Lease: The Property Offers a Secure, Passive Investment Opportunity With a 20-Year Absolute Triple Net Lease
- Experienced Operator With Strong Financial Backing: The Lease is Guaranteed By an Established Operator
- Exceptional Rent Coverage: The Property Boasts an Outstanding Rent Coverage Ratio, Driven By the Store's Consistently High Sales Performance
- Prime Location: Strategically Positioned Along State Road 60, a Major Artery Through the Heart of Florida, Benefiting From Excellent Visibility
- Annual Rent Increases: The Lease Includes Attractive 2% Annual Rental Escalations, Providing Investors With Built-in Inflation Protection
- Bonus Depreciation: The Property Qualifies For Bonus Depreciation, Offering Investors Substantial Tax Advantages, Lowering Their Taxable Basis
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,517 SF Triple Net C-Store Located at 1900 West Main Street in Bartow, FL. The Property Offers a Secure, Passive Investment Opportunity With a 20-Year Absolute Triple Net Lease Structure, Eliminating All Landlord Responsibilities, Providing For a Secured Investment.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman Lic. FL #BK3369953
FOR SALE DETAILS
PRICE
$2,571,428 USD
PRICE/SF
$1,637 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Triple Net C-Store - Bartow, FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.34 AC
LAND SF
14,810 SF
ZONING
COM, County
APN/PARCEL ID
24-30-01-000000-022040
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678-713-4959
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678-713-4959
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