Chevron 4985 Old Winter Garden 10,000 SF Retail Building Orlando, FL 32811 $5,962,000 ($596.20/SF) 5.75% Cap Rate

Pegasus Investments Real Estate Advisory Inc., as exclusive advisor to the Seller, is pleased to present the opportunity to acquire a newly constructed Quick Run gas station / convenience store located in Orlando, Florida (the “Property”). The Property comprises ± 3,686 SF on a ± 1.25 acre lot and includes 16 fueling positions. Strategically positioned on a hard signalized corner fronting Old Winter Garden Road, a major connector between two of the metro’s most highly trafficked freeways, SR 408 (100,400 VPD) and SR 435 (35,800 VPD), the site benefits from excellent visibility and consistent consumer traffic from a rapidly expanding consumer base, with the surrounding three-mile trade area experiencing 8% population growth since 2020 and an additional 9% increase projected by 2030.
The Property is secured by a 100% Absolute NNN fee simple lease (land & building) with no landlord responsibilities, offering investors the most passive form of commercial real estate ownership. Under the One Big Beautiful Bill passed in July 2025, investors may immediately depreciate the full cost of qualifying property, including building and equipment, enhancing cash flow from day 1. The lease has over 15 years of term remaining alongside four, 5-year renewal options, providing long-term occupancy that is supported by 8% rent increases every 5 years, delivering built-in rent growth throughout the term. Additionally, the lease is personally guaranteed by three seasoned operators, whose combined net worth exceeds $50M, reinforcing the investment’s secure profile.
The Tenant is an experienced multi-brand franchise operator with more than 250 franchised businesses across the country, including Quick Run gas station / convenience stores, Dunkin’, Wingstop, Smoothie King, Jimmy John’s, and Cousins Subs. Quick Run is a national convenience and fueling concept whose locations are strategically positioned in high traffic corridors. Fuel at the Property is supplied under the Chevron brand, an investment-grade energy company (S&P: AA-, Moody’s: Aa2) that operates thousands of service stations across the U.S. The site also features a Krispy Krunchy Chicken, a QSR with over 3,600 locations across 49 states, that provides diversified income and additional consumer draw.
Orlando was recently named the fastest-growing major metro area in the U.S. across job growth, population growth, and nominal GDP growth. Bolstered by Florida’s pro-business climate, the city’s economy has expanded by over 55% in the past decade, making it larger than the economies of 18 U.S. states. Orlando is the most visited destination in the U.S., drawing a record 76.7 million visitors in 2025, generating over $94B in economic impact. The region is anchored by Walt Disney World, which draws over 50 million visitors annually and supports approximately 12% of all jobs in Central Florida. The city’s economy is also supported by the University of Central Florida (UCF), the country’s second largest university, and the adjacently located Research Park, whose tenants collectively receive over $1.4B in federal contracts annually.
Secured by a 100% Absolute NNN lease with strong personal guarantees from three seasoned operators, the offering represents the opportunity to acquire a best-in-class investment within the fastest-growing major metro area in the U.S."