Courtesy: LUXURY ORLANDO REAL ESTATE
407-705-7634
Triple NET NNN Leased Gas Station on the corner of S. Orange Blossom Trail (OBT) and Shepherd Ln. in Intercession City near Kissimmee/St.Cloud. Currently leased for $10,986/month + increases $350/year. Tenant pays property taxes, insurance, and building maintenance. 20-year lease agreement in place with 17 years remaining. 4 fuel pumps - gasoline & diesel + convenience store. Operator runs more than 40 locations in Florida/Georgia. Great investment "mailbox money" No Work!!! Recently remodeled station with new LED canopy lighting. Buy this and receive $10,986/month or $131,832/year NET. This translates to a 6.59% CAP Rate NO WORK, all while the property appreciates in value. An additional adjoining 1 acre can be purchased for $350,000 - already cleared and fenced
Intercession City is located in Florida. Intercession City, Florida has a population of 1,401. Intercession City is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 30.51%.
The median household income in Intercession City, Florida is $61,594. The median household income for the surrounding county is $58,513 compared to the national median of $69,021. The median age of people living in Intercession City is 40.9 years.
The average high temperature in July is 92 degrees, with an average low temperature in January of 47.7 degrees. The average rainfall is approximately 51.7 inches per year, with 0 inches of snow per year.
