4701 W Sunrise Blvd - Service Station FOR SALE


Plantation, FL 33313
$4,568,000 USD
512-630-9758
4701 W Sunrise Blvd, Plantation, FL for Sale
$4,568,000 USD
Service Station - FOR SALE
1/4
null | 6.25% Cap Rate

4701 W Sunrise Blvd
Plantation, FL 33313


HIGHLIGHTS

  • 21-Year Absolute NNN Lease
  • Three Guarantors ($70MM+ Net Worth)
  • 2.00% Annual Increases
  • 28-Unit Operating LLC
  • 460,000+ Population within 5-Miles
  • Two, 10-Year Options

OVERVIEW

Embree Capital Markets is pleased to offer for sale to qualified investors a unique freestanding Shell gas stations and convenience stores. This is an opportunity for an investor to acquire well located gas stations in a personal income tax-free state. The subject property received various property renovations in 2020. The absolute NNN leases feature 2.00% annual increases during their 21-year primary term and features two, 10-year extension options.

FOR SALE DETAILS

PRICE

$4,568,000 USD

PRICE/SF

$975 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

HC

APN/PARCEL ID

49-41-36-26-0010

ASK ABOUT THIS PROPERTY

Klinton LewisEmbree Capital Markets GroupMore Info
512-630-9758

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Klinton LewisEmbree Capital Markets GroupMore Info
512-630-9758

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