Listing Summary
This is a rare opportunity to acquire a fully remodeled, 10-pump Shell gas station and signature "Go Market" convenience store.
Full Description
Premier NNN Investment: Newly Remodeled Shell Station & "Go Market"
Location: Hard Corner on US-Hwy-441 | Leesburg, FL (Central Florida)
Executive Summary
This is a rare opportunity to acquire a fully remodeled, 10-pump Shell gas station and signature "Go Market" convenience store. Situated on a high-traffic hard corner of US-Hwy-441—one of Florida’s primary north-south arteries—this site benefits from massive daily traffic counts and a consistent, state-wide customer base.
The asset features a brand-new, 20-year absolute NNN lease to be signed at closing, offering a truly "hands-off" experience for local or out-of-state investors.
Lease & Yield Structure
The Absolute NNN structure ensures the tenant is responsible for all expenses, including taxes, insurance, and maintenance (CAM).
| Period |
Annual Rent |
Projected CAP Rate |
| Years 1–5 |
$360,000 |
7.2% |
| Years 6–10 |
$396,000 |
~8.0% |
| Years 11–15 |
$435,600 |
~9.0% |
| Years 16–20 |
$479,160 |
10.5%+ |
Note: Lease includes two (2) five-year options to extend following the initial 20-year term.
Location Overview
Leesburg sits in the heart of Central Florida, just north of Orlando. The site’s position on US-Hwy-441 ensures it captures traffic flowing from Miami all the way to the northern border. This "main-on-main" location is a staple for daily commuters and long-distance travelers alike, guaranteeing the long-term viability of the fuel and retail operations.
Quick Glance
- Listing ID:
CL-Florida-27380
- Status:
Active
- Year Build:
1953
- Building Size:
1,344 SqFt
- Lot Size:
N/A