1608 SHEPHERD LN, Intercession City, FL 33848
1608 SHEPHERD LN, Intercession City, FL 33848
1608 SHEPHERD LN, Intercession City, FL 33848
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$2,000,000
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2,400 SqFt
Active

1608 SHEPHERD LN Intercession City, FL 33848

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $833

Subdivision Cox Rudd Add Intercession City

MLS Listing ID S5143901

Construction Status Completed

HOA Y/N No

Year Built 1975

Annual Tax Amount $13,999

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 100x133

Property Sub-Type Business

Source Stellar MLS

Property Description

Triple NET NNN Leased Gas Station on the corner of S. Orange Blossom Trail (OBT) and Shepherd Ln. in Intercession City near Kissimmee/St.Cloud. Currently leased for $10,986/month + increases $350/year. Tenant pays property taxes, insurance, and building maintenance. 20-year lease agreement in place with 17 years remaining. 4 fuel pumps - gasoline & diesel + convenience store. Operator runs more than 40 locations in Florida/Georgia. Great investment "mailbox money" No Work!!! Recently remodeled station with new LED canopy lighting. Buy this and receive $10,986/month or $131,832/year NET. This translates to a 6.59% CAP Rate NO WORK, all while the property appreciates in value. An additional adjoining 1 acre can be purchased for $350,000 - already cleared and fenced

Location

State FL

County Osceola

Community Cox Rudd Add Intercession City

Area 33848 - Intercession City

Zoning OCN

Interior

Cooling Central Air

Exterior

Parking Features Parking Spaces - 6 to 12

Roof Type Membrane

Building

Story 1

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block

New Construction false

Construction Status Completed

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Stellar MLS
Listed by Anthony Giuffrida, PA LUXURY ORLANDO REAL ESTATE

NEARBY SCHOOL & BUSINESS

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Bent Danholm

Bent Danholm

Broker | License ID: BK3590420

+1(407) 288-0704

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1608 SHEPHERD LN