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6886 Us-129
Live Oak, FL 32060
Fresh Stop: Live Oak, FL · Retail Property For Sale
Investment Highlights
- STRONG TENANT
- ZERO LANDLORD RESPONSIBILITIES
- LONG-TERM ABSOLUTE NNN LEASE WITH GUARANTY
Executive Summary
CBRE is pleased to offer for sale the 2,373 SF Fresh Stop fuel and convenience store located on 1.03 acres in Live Oak, FL- a component of the Suwannee County, FL MSA.? At closing, Fresh Stop will execute an individual 20-year absolute NNN lease featuring a guaranty from Madison Capital
Group LLC and 2.00% annual rent increases through the primary term and in each of the four, 5-year renewal options.?
Group LLC and 2.00% annual rent increases through the primary term and in each of the four, 5-year renewal options.?
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,074 SF
Building Class
C
Year Built
2000
Price
$3,964,700
Price Per SF
$3,691.53
Cap Rate
7.25%
NOI
$287,441
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.03 AC
Zoning
11 - Stores, 1 Story
Parking
6 Spaces (5.59 Spaces per 1,000 SF Leased)
Frontage
367’ on Us-129
Property Taxes
| Parcel Number | 12-02S-13E-04955-003020 | Improvements Assessment | $396,333 |
| Land Assessment | $269,382 | Total Assessment | $665,715 |
Property Taxes
Parcel Number
12-02S-13E-04955-003020
Land Assessment
$269,382
Improvements Assessment
$396,333
Total Assessment
$665,715
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