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1606 Shepard Ln
Intercession City, FL 33848
(6.3% CAP RATE) MARATHON STATION W/ CIRCLE K · Retail Property For Sale
Investment Highlights
- NEWLY RENOVATED MARATHON GAS STATION WITH CIRCLE K SIGNATURE STORE!
- 20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS!
- SIGNATURE "CIRCLE K" ON-SITE WHICH RE-OPENED AFTER A MAJOR RENOVATION IN LATE 2019!
- NEWLY RENOVATED MARATHON GAS STATION WITH CIRCLE K SIGNATURE STORE! 4-PUMP SERVICE STATION AT A SIGNALIZED INTERSECTION!
- 6.3% CAP RATE IN 2021! 7% CAP RATE IN 2026! 8% Cap Rate in 2031! 8.5% CAP RATE IN 2036! 9% IN 2041!
- RECENT RENOVATION INCLUDES BUT IS NOT LIMITED TO: NEW HVAC, NEW PUMPS, NEW ROOF, NEW FLOORING, NEW TANKS, NEW CANOPY, NEW SIGNAGE!
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,112 SF
Building Class
C
Year Built/Renovated
1975/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.30 AC
Zoning
OCN - CG
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Energy Performance Rating - A
- Car Charging Station
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 03-26-28-2880-0011-0010 | Improvements Assessment | $663,100 |
| Land Assessment | $218,400 | Total Assessment | $881,500 |
Property Taxes
Parcel Number
03-26-28-2880-0011-0010
Land Assessment
$218,400
Improvements Assessment
$663,100
Total Assessment
$881,500
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