Description
It is a very convenient and busy location at Orlando market with a more than 4600 sq. ft convenience grocery and with 8-10 pumps for the gas station. Lots of opportunities to add more groceries, Fountain drinks, make a fresh Pizza Parlor, Kind of subway sandwiches, and Hotdog station, Lotto is a big business. There is a high voltage installed for the kitchen. A new buyer can lease the kitchen to a third party & get a good additional income source. This is a great opportunity for an owner-operator or operated by small family members. The property owner is currently running a business with employees and will provide financials for 3 years after signing a non-disclosure agreement (NDA). The price is $55000- 65000.00 plus the cost of gas and store inventory. This is a triple-net lease (NNN). The first month’s rent is only $3500, the second year $3750, the third year $4500, the fourth year $5250 & fifth year $6000 per month. After that 3% increment on the rent. first right to refusal for the property after the jober. If tenants don’t want to buy the property & owner sells it to someone else then the owner will give back goodwill to the tenant & vacant the place if the owner sells the property to somebody else. The size of the store is about 4600 Sq.ft. There is a lot of opportunity for the new tenant to become an independent owner. At present, The inside sale is about $30-40K & gas does around 10K per gallon per month. With a strong management team, the inside sales can increase to $75-85K per month and 20K gallons per month.
There is a two-acre of land remaining in the same parcel to redevelop the project. It is a perfect location for the small apartment complex & brings more value to the property. The seller is willing to lease the land to the developer & is willing to do a joint partnership with the developer & sell the project to the open market.
Please set up an appointment & do not disturb the employee & do not disclose anything to the employee.
For more information & location contact Vip Commercial Team at 407-453–3415 immediately.
Other Agents
