Listing Summary
7.4% In-Place Cap | 20-Year Pure NNN Lease | High-Volume Truck Stop & Gulf Station
Full Description
Passive 7.4% CAP with 11.3% Upside! ?
Looking for a secure, "set-and-forget" Florida investment? This fully remodeled Gulf Station in Starke sits on the high-traffic US-301 trucking route. With a brand-new 20-year Absolute NNN lease starting at $32k/month and 10% bumps every 5 years, your ROI is locked in for decades. The site features a renovated Speedy’s C-Store, 12 front pumps, and 3 rear truck pumps. Zero landlord duties, 100% bonus depreciation eligible, and backed by a 75-unit operator. This is the gold standard for NNN gas station assets!
Lease Escalation & Yield Table
| Year |
Monthly Rent |
Annual Income |
Cap Rate (at Purchase) |
| 2026-2030 |
$32,000 |
$384,000 |
7.4% |
| 2031-2035 |
$35,200 |
$422,400 |
8.1% |
| 2036-2040 |
$38,720 |
$464,640 |
9.0% |
| 2041-2045 |
$42,592 |
$511,104 |
10.2% |
| Final Years |
-- |
-- |
11.3%+ |
Quick Glance
- Listing ID:
CL-Florida-27360
- Status:
Active
- Year Build:
2002
- Building Size:
3,850 SqFt
- Lot Size:
N/A