3860 Old Winter Garden Rd - Convenience Store FOR SALE


Gotha, FL 34734
$4,821,380 USD
332-345-4222
3860 Old Winter Garden Rd, Gotha, FL for Sale
$4,821,380 USD
Convenience Store - FOR SALE
1/3
null | 5% Cap Rate

3860 Old Winter Garden Rd
Gotha, FL 34734


HIGHLIGHTS

  • Attractive Real Estate Fundamentals
  • Triple Net (NNN) With Zero Landlord Responsibilities
  • Attractive Rental Increases
  • Investment Grade Credit: 7-Eleven Corporate (S&P: AA-)

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a 7-Eleven located at 3860 Old Winter Garden Road, Gotha, FL 34734. The site consists of roughly 6,540 rentable square feet of building space on an estimated 1.01-acre parcel of land. This 7-Eleven is subject to a 15-year Triple Net (NNN) lease, which commenced 7/30/2018. The current annual rent is $241,069 and has scheduled increases of 7.50% every 5 years.

FOR SALE DETAILS

PRICE

$4,821,380 USD

PRICE/SF

$1,543 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

1110

APN/PARCEL ID

28-2228-0000-00-012

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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