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1608 SHEPHERD, INTERCESSION CITY, FL, 33848

$2,000,000

2,400 Sq FtBuilt 19750.44 Acres

About This Property

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

Subdivision

COX RUDD ADD INTERCESSION CITY

Status

Active

Listed By

LUXURY ORLANDO REAL ESTATE

Days on Market

Mortgage Calculator

Home Price

Loan Term

Down Payment($400,000)

Interest Rate

Est. Monthly Payment

$12,511

30-yr fixed · 20% down · 6.875%

Principal & Interest$10,511

Property Tax (actual)$1,167

Est. Home Insurance~0.5% est.$833

Total / month$12,511

Loan amount$1,600,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.