1900 W Main St | Bartow, FL 33830
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- LoopNet Team
1900 W Main St
Bartow, FL 33830
7.3% CAP RATE- NNN LAKELAND MOBIL FOR SALE! · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NEW 8-PUMP MOBIL GAS STATION WITH SIGNATURE "GO MARKET" C-STORE IN LAKELAND, FL! LOCATED DIRECTLY ON STATE ROAD 60!
- ABSOLUTE PURE NNN LEASE STRUCTURE IN PLACE, ELIMINATING ALL LANDLORD RESPONSIBILITIES!
- RECENT SITE RENOVATIONS INCLUDE NEW HVAC, TANKS, PUMPS, FRONT CANOPY, SIGNAGE, PAINT, AND A NEWLY RENOVATED INSIDE STORE WITH MANY INTERIOR UPDATES!
- 7.3% CAP RATE IN 2025! 7.5% CAP RATE IN 2030! 8% CAP RATE IN 2035! 9% CAP RATE IN 2040! 10% CAP RATE IN 2045!
- 20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS! 7.5% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE TERM OF THE LEASE
- STRONG TENANT IN PLACE WITH OVER 35 YEARS OF GAS STATION OPERATION EXPERIENCE AND EXTREMELY STRONG FINANCIALS!
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,571 SF
Building Class
B
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.34 AC
Zoning
CG - Commercial General
Parking
6 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Banking
- Corner Lot
- Fenced Lot
- Property Manager on Site
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Drive Thru
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 24-30-01-000000-022040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $330,139 |
PROPERTY TAXES
Parcel Number
24-30-01-000000-022040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$330,139
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