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800 S Walnut St
Starke, FL 32091
7.7% CAP RATE! STARKE GULF GAS STATION! (NNN) · Retail Property For Sale
Investment Highlights
- NEW 12-PUMP GULF GAS STATION WITH 3 ADDITIONAL TRUCK PUMPS IN THE REAR.
- MASSIVE TRAFFIC VOLUME AS THIS SITE IS DIRECTLY LOCATED ON ONE OF THE LARGEST TUCK- THROUGHWAYS IN FL.
- STRONG TENANT IN PLACE WITH OVER 36 YEARS OF GAS STATION OPERATION EXPERIENCE AND EXTREMELY STRONG FINANCIALS!
- NEW SIGNATURE "SPEEDY'S" C-STORE IN STARKE, FL, ON US HWY 301. DIRECTLY NEXT TO KFC, McDONALD'S, BURGER KING, ALDI, AND DUNKIN'!
- 7.7% CAP RATE IN PLACE! 8.4% CAP RATE 2031! 9.3% CAP RATE IN 2036! 10.2% CAP RATE IN 2041! 11.3% CAP RATE IN 2046!
- NEW 20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS! 100% BONUS DEPRECIATION AVAILABLE!
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,850 SF
Building Class
C
Year Built/Renovated
2002/2026
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.09 AC
Zoning
CG - GAS C-STORE
Parking
42 Spaces (10.91 Spaces per 1,000 SF Leased)
Frontage
220’ on Walnut St
Amenities
- 24 Hour Access
- Banking
- Controlled Access
- Fenced Lot
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Roof Terrace
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 04438-0-00100 | Improvements Assessment | $404,034 |
| Land Assessment | $265,876 | Total Assessment | $669,910 |
Property Taxes
Parcel Number
04438-0-00100
Land Assessment
$265,876
Improvements Assessment
$404,034
Total Assessment
$669,910
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