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16014 US Highway 441
Eustis, FL 32726
Fresh Stop: Eustis, FL · Retail Property For Sale
Investment Highlights
- STRONG TENANT
- ZERO LANDLORD RESPONSIBILITIES
- LONG-TERM ABSOLUTE NNN LEASE WITH GUARANTY
Executive Summary
CBRE is pleased to offer for sale the 2,470 SF Fresh Stop fuel and convenience store located on 0.68 acres in Eustis, FL- a component of the Orlando–Kissimmee–Sanford, FL MSA. At closing, Fresh Stop will execute an individual 20-year absolute NNN lease featuring a guaranty from Madison Capital Group LLC and 2.00% annual rent increases through the primary term and in each of the four, 5-year renewal options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,470 SF
Building Class
C
Year Built
1971
Price
$4,139,400
Price Per SF
$1,675.87
Cap Rate
7.25%
NOI
$300,107
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.68 AC
Zoning
CP - Commercial
Parking
13 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
1’ on US HWY 441
Property Taxes
| Parcel Number | 23-19-26-0600-003-00100 | Improvements Assessment | $235,229 |
| Land Assessment | $505,958 | Total Assessment | $741,187 |
Property Taxes
Parcel Number
23-19-26-0600-003-00100
Land Assessment
$505,958
Improvements Assessment
$235,229
Total Assessment
$741,187
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