405 N Brevard Ave
$1,690,000, 2,000 Sqft .68 Acres
About This Property
High Traffic Area in Arcadia. North Brevard is also known as US Highway 17, hence the traffic flow at a north / south commercial artery, of approx 10500 vehicles per day per the DOT . This Circle K is approximately 2,000 square feet and sits on a lot that is approximately 29,534 square feet. The building was constructed in the 70's and renovated in 2007. The gas station is Shell branded. The investment is a triple net lease currently running to 2023 with 5 year escalators and options to renew and zero landlord responsibilities, with 5.6% cap rate There are several banks in the immediate area This investment opportunity sits directly across the street from a major area bank. The subject site is located near many local and national commercial establishments as well. Corporate Guaranteed Lease, zero landlord responsibilities.
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Listing data comes from My Florida Regional MLS.
Listing information last updated on December 13th, 2017 at 7:48am EST.