• MLS® #: A4192570
  • 405 N Brevard Ave
  • Arcadia, FL 34266
  • $1,690,000
  • 2000 SqFt, 0.68 Acres
  • Commercial

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.

Essential Information

  • MLS® #A4192570
  • Price$1,690,000
  • Bathrooms0.00
  • Square Footage2,000
  • Acres0.68
  • Year Built1973
  • TypeCommercial
  • StatusActive

Community Information

  • Address405 N Brevard Ave
  • AreaArcadia
  • CityArcadia
  • CountyDeSoto
  • StateFL
  • Zip Code34266

Amenities

  • ViewCentral Business Distric

Exterior

  • ExteriorStucco
  • Lot Description1/2 Acre to 1 Acre
  • RoofBuilt Up - T&G

Additional Information

  • Days on Market74
  • ZoningB-3
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Listing Information Courtesy of Berkshire Hathaway Homeservice.

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Listing information last updated on October 17th, 2017 at 2:18am EDT.

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