Log In/Sign Up
Your email has been sent.
Mobil Gas Station 5320 Hwy 27 1,288 SF 100% Leased Retail Building Frostproof, FL 33843 $2,128,999 ($1,652.95/SF) 7.50% Cap Rate
Investment Highlights
- 7.50% cap rate with $159,600 starting annual rent — high-yield passive investment opportunity.
- 8% rent increases every 5 years — built-in inflation hedge driving residual value.
- Fronts US-27 carrying 3,200–3,700 trucks per day — major Central/South Florida freight corridor.
- Brand new 20-year Absolute NNN lease — landlord has zero responsibilities.
- Operated by Florida State Petroleum Operations, LLC with +$26 million asset base.
- Located in Frostproof, anchoring Polk County's $14.38 billion citrus and agricultural economy.
Executive Summary
Kyle Matthews
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,288 SF
Building Class
C
Year Built/Renovated
1960/2010
Price
$2,128,999
Price Per SF
$1,652.95
Cap Rate
7.50%
NOI
$159,600
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
1.00 AC
Zoning
Commercail
Amenities
- Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 28-32-07-000000-034010 | Improvements Assessment | $153,923 |
| Land Assessment | $238,131 | Total Assessment | $392,054 |
Property Taxes
Parcel Number
28-32-07-000000-034010
Land Assessment
$238,131
Improvements Assessment
$153,923
Total Assessment
$392,054
Contacts
-
Daniel Gonzalez -
Colin McGourty -
Harrison Groom -
Jake Lurie -
Matthews Real Estate Investment Services
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
