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16014 US Highway 441
Eustis, FL 32726
Fresh Stop: Eustis, 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 2,470 SF Fresh Stop fuel and convenience store located on 0.68 acres in Eustis, FL- a component of the Orlando–Kissimmee–Sanford, 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.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,470 SF
Building Class
C
Year Built
1971
Price
$5,731,123 CAD
Price Per SF
$2,320.29 CAD
Cap Rate
7.25%
NOI
$415,506 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.68 AC
Zoning
CP - Commercial
Parking
13 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
1’ on US HWY 441
Property Taxes
| Parcel Number | 23-19-26-0600-003-00100 | Improvements Assessment | $325,682 CAD |
| Land Assessment | $700,514 CAD | Total Assessment | $1,026,196 CAD |
Property Taxes
Parcel Number
23-19-26-0600-003-00100
Land Assessment
$700,514 CAD
Improvements Assessment
$325,682 CAD
Total Assessment
$1,026,196 CAD
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