Published on: Monday, January 6, 2025
Updated on: Wednesday, January 29, 2025
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About the Lister
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Name: David J. Rosenthal
Company: Grimaldi Commercial Realty Corp.
Office Phone:  
Cell Phone: (813) 882-0884
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  shell gas station & browns supermarket for sale! (20-year...
4619 Main St Holt Florida , 32564
4619 Main St Holt Florida                                                                                             , 32564  Grimaldi Commercial Realty Corp.
Listing ID: CL-Florida-13491

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 8
Net Operating Income: $240,000.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Florida-13491
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 1965
Building Size: 5,425.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: 38
Offer to Millionaire Club: No
Business Available for Sale: Yes
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Attached Documents
  • Download | Offering Memorandum.pdf ( 5,281.31KB)
Listing Summary
THIS INVESTMENT OPPORTUNITY CONSISTS OF A NEWLY REMODELED SHELL GAS STATION, A LARGE SUPERMARKET, AND A 4-BEDROOM SINGLE-FAMILY HOME IN THE REAR OF THE PROPERTY.
Complete Details
Year Build: 1965
Building Size: 5,425 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: 38
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: Yes
Roofing: Not Specified
Occupancy: 100%
Full Description
Additional Properties
Property Highlights
  • SHELL GAS STATION WITH BROWNS SUPERMARKET AND A SINGLE-FAMILY HOME IN THE REAR OF THE PROPERTY!
  • 20-PURE NNN LEASE IN PLACE, WITH THE MONTHLY RENTAL RATE STARTING AT $20,0000 PER MONTH!
  • 10% RENTAL INCREASES EVERY 5 YEARS!
  • AVG 20-YEAR CAP RATE: 10% 2024 CAP RATE: 8% (IN-PLACE) 2029 CAP RATE: 9% 2034 CAP RATE: 10% 2039 CAP RATE: 11% ONLY GAS STATION WITHIN A 10-MILE RADIUS DIRECTLY OFF OF HIGHWAY I-10!
  • SELLER WILL CARRY BACK UP TO ($500,000), AT 6% IR, INTEREST-ONLY, WITH A 2-YEAR BALLOON!
  • BROWW'S SUPERMARKET HAS BEEN A STAPLE IN THE COMMUNITY FOR OVER 50 YEARS! RECENT RENOVATIONS INCLUDE A NEW CANOPY, NEW PUMPS, NEW LIGHTING, NEW SIGNAGE, A NEW DELI COUNTER, AND A STATE -OF-THE-ART CHECK-OUT COUNTER PLANNED FOR AUGUST OF 2024!
Features
  • Lease Type: Absolute NNN
  • Tenancy: Single Brand/Tenant: Shell
  • Lease Term: 20 years - Remaining Term: 20 years
  • Year Built: 1965 - Year Renovated: 2024
  • Zoning: SUPERMARKET/GAS STATION
  • Rent Bumps: 10% Every 5 Years
  • Gas Pumps: 12
  • APN: 33-3N-25-2500-0094-0000
  • Cap Rate: 8.00% - Pro-Forma Cap Rate: 10.65%
  • NOI: $240,000 - Pro-Forma NOI: $319,440
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2025
$0.00
$0.00
$0.00
$240,000.00
$0.00
0%
Cash Flow for Current Listings

Lending Opportunities

Interested in making an offer on this property or adding it to your portfolio? Our network of experienced lenders is ready to provide you with competitive loan options tailored to your needs. Whether you're an investor or a first-time buyer, securing financing is the key to turning this opportunity into reality. Don’t wait, reach out now to get pre-approved, explore your loan options, and take the next step with confidence!
Company Name Lender Type Contact Name Contact Number Actions
Ultimate Mortgage Lenders Mortgage Lenders Jason Tylor (954) 849-7745 Request Quote
Listing Location
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1913 3rd Avenue East , Palmetto Florida                                                                                              34221
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2021, 3680, 3676, 3672, 3668, 3666, 3664 Tyson Green Ave , Tallahassee Florida                                                                                              32310
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1200 3rd St SW , Wahneta Florida                                                                                              33880
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1200 3rd St SW , Winter Haven Florida                                                                                              33880
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115 112th Ave NE , Saint Petersburg Florida                                                                                              33716