1021 West Broad Street
Groveland, FL
Price:
$6,823,415
Cap Rate:
4.35%
NOI:
$296,818
Building Size:
Approx. 4,650 Sq. Ft.
Lot Size:
Approx. 1.53 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 4,650+/- SF Building on 1.53+/- Acre Site
- 14.5+ Yrs Remaining on Absolute NNN Corporate Lease w/ 10% Rental Increases
- 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
- Hard Corner Location at the Signalized Intersection of SR-50 & Villa City Rd (32K VPD)
- Across from PZ Square Mixed-Use Development and Groveland Point Center
- Within 1 Mile of Downtown Groveland and Lake David Park
- Groveland | 35 Miles West of Orlando | 4% Annual Population Growth Through 2040