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225 E North Blvd
Leesburg, FL 34748
NEW (7.2% CAP RATE) SHELL STATION FOR SALE! · Retail Property For Sale
Investment Highlights
- NEW 10-PUMP SHELL GAS STATION WITH SIGNATURE "GO MARKET" C-STORE IN LEESBURG, FL
- NEW 20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS! 10% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE TERM OF THE LEASE!
- RECENT SITE RENOVATIONS INCLUDE NEW HVAC, NEW SECURITY SYSTEM, NEW ROOF, NEW PUMPS, NEW CANOPY, PYLON SIGNAGE, INTERIOR AND EXTERIOR PAINT!
- SITUATED ON A HARD CORNER DIRECTLY OFF OF US-HWY 441, ONE OF THE LARGEST HIGHWAYS IN THE STATE! HIGH TRAFFIC COUNT!
- 7.2% CAP RATE IN PLACE! 8% CAP RATE IN 2030! 9% CAP RATE IN 2035! 9.6% CAP RATE IN 2040! 10.3% CAP RATE IN 2045!
- STRONG TENANT IN PLACE WITH OVER 36 YEARS OF GAS STATION OPERATION EXPERIENCE AND EXTREMELY STRONG FINANCIALS!
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,348 SF
Building Class
C
Year Built/Renovated
1953/2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.39 AC
Zoning
C3
Parking
12 Spaces (8.9 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Banking
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Car Charging Station
- Monument Signage
- Air Conditioning
- Backup Power / Generators
Property Taxes
| Parcel Number | 23-19-24-0004-000-11100 | Improvements Assessment | $99,484 |
| Land Assessment | $162,564 | Total Assessment | $262,048 |
Property Taxes
Parcel Number
23-19-24-0004-000-11100
Land Assessment
$162,564
Improvements Assessment
$99,484
Total Assessment
$262,048
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