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800 S Walnut St
Starke, FL 32091
7.4% 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'!
- 7.4% CAP RATE IN PLACE! 8.1% CAP RATE 2031! 9% 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!
Executive Summary
COMING SOON!
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,850 SF
Building Class
C
Year Built/Renovated
2002/2026
Price
$7,093,424 CAD
Price Per SF
$1,842.45 CAD
Cap Rate
7.40%
NOI
$524,913 CAD
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)
Amenities
- 24 Hour Access
- Banking
- Controlled Access
- Fenced Lot
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Roof Terrace
- Monument Signage
- Air Conditioning
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Photos
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