10 N Hopkins Ave
Titusville, FL 32796
Cumberland Farms · Retail Property For Sale

NNN-STNL-Gas Station-Cumberland Farms-Commercial Real Estate-For Sale-Titusville – FL Marcus & Millichap is pleased to present the opportunity to acquire Cumberland Farms located in Titusville, FL. Cumberland Farms offers a brand new, 20-year ground lease featuring six, five-year renewal options and 7.5% percent rental increases every five years in both base term and option periods. The lease is corporately guaranteed by Cumberland Farms, Inc. The subject property is one half mile from U.S. Space Walk of Fame Museum and Port Canaveral. It is also two miles from Titus Landing, a new shopping destination and Eastern Florida State College, which has four campuses and approximately 35,000 students. It is near the Space Coast Stadium, a Spring Training Facility for Several Major League Baseball Teams and the future home of United States Specialty Sports Association (USSSA). Titusville is part of Brevard County and within the immediate vicinity of Melbourne nicknamed the Space Coast. It is home to Kennedy Space Center and Cape Canaveral. Tourists flock to the area for its beautiful beaches, cruise port, and space industry, adding billions of dollars to the local economy every year. Kennedy Space Center and Cape Canaveral Air Station are large drivers of the economy, drawing companies such as Space X and Boeing to the area, which creates many high paying technically skilled jobs. Cumberland Farms is a chain of more than 700 convenience retail stores in eight states and has over 7,200 employees. The company was the first convenience store operator in New England. Cumberland Farms is the 15th largest convenience store operator by units in The U.S. and is ranked as America’s favorite convenience store/gas station for 2018.